What do you mean by an Inter-state Sale. How does it
taken Place in a state????
Answers were Sorted based on User's Feedback
Answer / guest
Inter state sale :
when purchase and sale are made in different states.
Is This Answer Correct ? | 187 Yes | 25 No |
Answer / mahendar
inter state sale mean state to another state sale that time
we have enter cst vat class . another mean enter of
another state your saling .
for example . our company in delhi and i want sale in u.p
that sale is inter state sale
Is This Answer Correct ? | 127 Yes | 14 No |
Answer / ajay
INTERSTATE SALE MEANS WHERE THE SELLING PARTY AND THE BUYING
PARTY ARE SITUATED IN DIFFERENT STATES AND THE SALE HAS
OCCASIONED THE MOVEMENT OF GOODS FROM ONE STATE TO ANOTHER.
Is This Answer Correct ? | 79 Yes | 7 No |
Answer / silky
According to section 3 of Central sales Tax Act 1956,a sale
of goods shall be deemed to take place in the course of
interstate trade or commerce if the sale :
(a)Occasions the movement of goods from one state to
another;or (b)Is effected by a transfer of documents of
title to goods during their movement from one state to
another.
Is This Answer Correct ? | 40 Yes | 1 No |
Answer / anand daga
Inter State sale means sales which has been made among two
or more different state.It means that sales can be made
from one state to another
Is This Answer Correct ? | 27 Yes | 6 No |
Answer / harish
Sale between concerns of two different states.
There are certain procedures provided in Central Sales Tax,
regarding formalities of transaction. One should follow them
currently during such sale.
Is This Answer Correct ? | 20 Yes | 2 No |
Answer / subhash kumar jha
Interstate Sale means sale made in different two states.
According to Centeral Sales Tax Act 1956 U/s (3).
eg. M/s J&co.established in Bihar & M/s S&co. established
in Delhi. M/s J Sale to M/s S&co. of Rs. 100000/-. It's
called inter state sale.
Is This Answer Correct ? | 17 Yes | 1 No |
Answer / arun kumar
according to central sales tax act. this is provided by CST
Act a sale can be called Inter State Sale when the
following two Conditions are fullfilled :-
1.- The goods must be movable and movement from one state
to another state.
2.- The Tittle of Documents must be transfer from one state
to another.
If the following both conditions are fullfil then a sale is
called Inter State Sale.
It is not called Inter State sale if any one or both
conditions are not fulfill.
Is This Answer Correct ? | 14 Yes | 1 No |
Answer / subhash jha
INTER STATE SALE MEANS SALE BETWEEN TWO STATE.
EG:- M/s X & Co. ESTABLISHED IN DELHI & M/s Y & Co.
ESHTABLISH IN MUMBAI. X SALE TO Y OF Rs. 100000/-. THAT IS
INTER STATE SALE. AND IT'S CALLED ALSO CENTERAL SALE.
Is This Answer Correct ? | 20 Yes | 10 No |
What is the TDS percentage advertisement
What is the due date for payment of service tax?
Is octroi duty by nature a tax you can pass on to the customer in your billing? how is it different than VAT?
Can the CST payments be adjusted with the VAT credit .
if i sale goods on dt 30.06.09 but calcutta party received it on 07 july ,so the party issue to form C for which quarter
What is the different types of rates of TDS for different Catogaries of services.
I'm a Taiwaness, and my boss have investment in india. I have a question about TDS. If I rent a one day car that doesn't sign any contract or agreement, should I pay the TDS or should I dedcut TDS from payment of this expenditure.
What is TIC according to ESIC? What is PIC according to ESIC? Please clarify?
1 Answers HIMACHAL POLYOLEFINS LIMITED, HSCL, JTPL, Randstad,
what is service tax charged in india
what is general entry if CST charged on purchase of Material and if there is partly Purchase Return?
What is the difference between the excise duty and the sales tax?
1. How to calculate vat @4% on a bill which also suffers Service Tax @ 10.30%. ie. Whether i hav to calculate on the basic or on the sum of Basic + service Tax. kindly clarify in this regard immdly. because som part of people says it sholud b calculated on the basic, another part of people says it should be calculated on the sum of Basic + Service tax.... 2. when we deduct TDS for the invoice? ie. In the invoice which suffers Vat & also Service tax or the invoice which suffers only Service Tax? Kindly clarify me immdly.