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What do you mean by an Inter-state Sale. How does it - ALLInterview 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
what is rate of vat on gold - ALLInterview In case of interstate sale please ensure that you are not showing on invoice that "Sales Against form "C" " and buyer is also not issuing form "C" to you then in absence of form "C" CST Rate applicable to VAT rate prevailing to selling State i e if Sales is made from Maharashtra then Maharashtra VAT Rate which is 1 00% in case of Gold
what is vat? what is excise? what is form c d in sales tax? purchaser and deposit the same in sales tax department,there are so many rates are defined from sales tax department when sales within state, dealer charged vat tax and out of state dealer charged cst @2% with form "c" so we can say form "c" is a documents for tax saving within interstate business Example :-
what is form H? and why its used in Manufacturing - ALLInterview This form can be obtained from sales tax dept When a exporter purchases the material from the sellers and exports then the exporter has to issue the Form –H to the seller from whom the goods are purchased The seller has to obtained this form – H from the exporter and show it to the sales tax dept to get tax exemption
L T Electronics Communications Interview Questions What are the Treatment Implications in interstate sales transactions if party is unregistered dealer having Exemption Certificate or exempted 1867 Software Interview Questions :: Artificial Intelligence , Big Data , Python , PHP , DotNet , Java , Databases , Mobile Apps ,
I want to know the liability of tax agaisnt C Form if i - ALLInterview Form C is used against interstate sale transaction C form against vat nil but cst applicable for 2% you are not present c form in sales tax authority you are liable to related product vat rate liability paid to central govement as like your product is 4% vat rate in your state but you are sale against form c cst 2% but C form not received so
Classify the following accounts into Personal Account, Real - ALLInterview 13 Sales Account 14 Commission received in Advance Account 15 Discount Account 16 Drawing Account 17 Loan Account 18 Mysore Store’s Account 19 Repairs to Machinery Account 20 Stock Account 21 Investment Account 22 Loose Tools Account 23 Bangalore Sports Club’s Account 24 Loss of Goods by Fire Account 25 Motor Vans Account 26
How to extend material and customer to other sales areas? - ALLInterview A material can be extended to multiple Sales Org-Distribution Channel However not to multiple Sales Areas with variant dicision Division can only be ONE for an item To extend the item to a Sales Org+Dist Ch, Go to mm01 and input the new item number and the copy from Item number as the same number