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Issue ID: 3636
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What about pre determind sale?

Date 10 Dec 2011
Replies 1 Reply
Views 1586 Views
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Pre-determined sale: identifying the buyer before supply alters VAT and sales tax classification and documentation requirements.
Pre-determined sale occurs when the purchaser is identified before supply; this includes advance identification of the buyer for inter-state sale categories and transfer of goods to depots intended for sale to named customers, thereby affecting VAT and sales tax treatment and associated documentation. (AI Summary)

What about pre determind sale? Is it vary on the base of saling item value.

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Replied on Dec 12, 2011
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Pre-determined sales means identifying the customer prior to sale of goods under E-1 or E-2 sales in CST or transferring the goods to depots to sell the goods to the customers who had been identified in advance.

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