Dear Sir,
We have a Registered company of gold jerellery and we are manufacturer at Junagadh ( Gujarat ), and our exhibition at first Delhi - Raipur - Kolkatha - Bhubaneswar and we are come there to caring a gold jewellery not for sale with us so we would like to know what was the ligal prosiger
Hope Earliest Response
Guidance for Gold Jewelry Transport to Exhibitions: Obtain Permissions, Prepare Challan, Ensure Insurance, Check State VAT Laws. A company manufacturing gold jewelry in Gujarat sought advice on the legal procedure for transporting jewelry to exhibitions in various Indian cities without selling it. Responses varied, with some suggesting obtaining permissions from Central Excise and VAT departments, preparing a challan for the jewelry, and taking insurance for transit. Others argued that VAT is only applicable on sales, so no permission is needed for exhibitions. It was advised to check state-specific VAT laws for casual traders and consider informing tax authorities to avoid complications. Compliance with state VAT provisions was emphasized to prevent potential issues. (AI Summary)
VAT + CST