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This is related to stock transfer to branches ( Delhi &
Bangalore ) for which my branches are not able to produce
form 'F' agaisnt such branch transfer, than what is my tax
liablity. This issue is pertaining to 2006-07, 2007-08 &
2008-09.
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Answer Posted / sudh88@yahoo.com
he liability will be the full tax amount calculated at the
rate of VAT applicable to such goods/products in your state
(State to whom F Forms are required to be submitted). Also
interest will be levied @ 2% p.m. restricted to maximum 36%.
Is T
| Is This Answer Correct ? | 3 Yes | 1 No |
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