WE ARE MANUFACTURING & RESELLING OF LABORATORY CHEMICALS HAVING BRANCHES OUT SIDE MAHARASHTRA. WE ARE SELLING EVERY YEAR TO OUR BRANCH UNDER FORM F AND BRANCHES ARE ISSUE REGULARLY EVERY YEAR.
NOW OUR ASSESSMENT IS IN PROCESS AND ASSTT. COMM. OF SALES TAX RAISE ONE QUERY AS WE ARE HAVING BRANCHES OUT SIDE MAHARASHTRA BUT IT IS NOT REFLECTED IN REGISTRATION CERTIFICATE AND CANN'T CONSIDER AS BRANCH SALE.
WE REQUIRED YOUR SUGGESTION THAT WHETHER ASSTT. COMM OF SALES TAX IS WRIGHT OR WE HAVE TO ADD BRANCHES IN OUR REGISTRATION CERTIFICATE.
EXPECTED YOUR REPLY AT EARLIEST.
Company Urged to Update Registration for Valid Branch Transfers; 'F' Forms Alone Not Sufficient Evidence in Tax Assessment. A company manufacturing and reselling laboratory chemicals, with branches outside Maharashtra, is undergoing a sales tax assessment. The Assistant Commissioner of Sales Tax questioned the legitimacy of branch sales not reflected in the registration certificate. Three respondents advised that merely submitting 'F' forms is insufficient to prove branch transfers. They suggest that the company should include all branches in the registration certificate to avoid future issues and provide necessary documentation to support their claims during assessments. Adding branches to the registration is seen as a procedural necessity to validate branch transfers and utilize 'F' forms effectively. (AI Summary)
TaxTMI 
TaxTMI 
