QURERY ABOUT LEVY OF TAX

[Guest]

hello.sir...... i have an query about cst. mr.A(delhi) goods purchased from mr.B(U.P) with 'c' form. and stock transfer to its branch in HARANA. but haryana branch fail to give form 'f' to mr.A. NOW officer of mr.A said that u should deposit tax as per vat rate. now issue is that plz suggest we should deposit tax or not and if deposit then how can we calculate tax amount and in which amount because we r not doing any sale and there is no transection in between of mr. a and brach. as per cst act 1956 and vat act tax shall be charged on amount payable but in this case there is no sale.... plz tell.......... regard amit bhardwaj 7428296061
 

AI Summary

Failure to Submit Form F Leads to Tax Under CST Act 1956 for Inter-State Goods Transfer Without Sale A user inquired about the tax implications when a branch in Haryana fails to provide Form F after goods are purchased with Form C from another state. The concern is whether tax should be deposited since no sale transaction occurred between the main office and the branch. A response clarified that if Form F is not submitted, tax under the CST Act, 1956, along with the respective state's VAT laws, would apply. The tax should be calculated based on the classification of goods and the taxable value indicated on the invoice.