Interested to Buy Any Domain ? << Click Here >> for more details...
"A" is a Registered Dealer of Maharastra State,
"B" is a Registered Dealer of Gujrat state and agent of "A",
"C" is a Registered Dealer of Gujrat State.
"C" ordered "A" to sand goods of certain specification. "A"
in his term issues good to "B" to make such goods in the
specification desired by "C"."C" sands such goods to "A".
"A" raises invoices to "C".
Which type of Sale transactions occured in the situation.
- 2 Answers
- 6068 Views
- Alfa Laval, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / hamsa
As far as my knowledge concern,
'A' sold to 'C' goods with specifications and in this process 'A' gave sub contract to 'B' for customization of goods as specified by 'C'. 'A' raised the bill against 'C'.
That means this is a ' interstate sales ' between A (Maharashtra) and C (Gujarat) and hence CST will be applicable on this transaction.
With respect to the subcontract between A and B that is a Works contract tax will be applicable.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / h.r. sreepada bhagi
Question is confusing - C has ordered the goods, how can he
send goods to A & A can send invoice to C. Any how let me
explain.
As you have mentioned, B has manufactured the goods as an
agent. Since the inputs (As I understand from your question)
are sent by A to B (It's an interstate stock transfer of
Input materials), B is doing jobwork for B and he does not
become the owner of the goods manufactured by him. Here
since A is the owner, he needs to raise the sales invoice on
C and and since A & C are in different states, it is an
Interstate transaction and CST should be charged. For the
sake of convenience & savings in money, goods can be sent
directly from B to C with appropriate documents.
There will be no sale transaction between A & C or B & C.
In the absence of clarity in the question, giving the
correct answer is also difficult.
| Is This Answer Correct ? | 0 Yes | 0 No |
what is the case assesment of sales tax and vat.What is the proof of this case assesment.why we use the challan-c...???? Plz tell me someone...???
if waybill issued by consignor , then c form issue whose responsibility?
0 Answers Saira Bath Concepts,
why use diff vat forms like vat51 vat3 why
how much TDS required in telecommunication services ? Any types of Telecommunication, provider or services receiver
What is E1 form for purchase & what benefites
What happen if employer not deduct t.d.s. on salary paid upto December?
2 Answers TATA, Wasankar Wealth Management,
What is Advance Payment of Tax?
what is sevice tax present rate
23 Answers AP Forest Academy, Capital IQ, Manufacturing, Weather Star,
Hi can any one tell me why the form no 16 a are used and When, where and how to submit it ?
what is the need of information to the high level managment and what is the need of information to middle level managment
T-FV-1029 Invalid Challan Input file.
3 Answers ABi Associates, Rasim Exports,
When will capital gain araises?
Audit 
