Dear sir,
We are a manufecturing unit and making sale from Gurgaon (Haryana) to Bhiwadi (Rajasthan). It is a Inter State Sale. For example the detailof our Sales Bill is as under:
Central Sale 10000.00
Excise Duty @12% 1200.00
Ed. Cess @ 2% 24.00
HS Ed Cess @1% 12.00
11236.00
CST @ 2% 225.00
Gross Amount 11460.00
Now my query is, when we prepare the VAT-R1, which amount we have to mention in our Return as 'Sale in the course of inter-state trade' Rs. 10000/- or Rs. 11236/- or 11460/-
Please reply as per CST/VAT Law.
Best Regards.
Pradeep Kaushik
Manufacturing Unit Clarified on Reporting Rs 11,236 for Interstate Sale Under HVAT Act 2003 for VAT-R1 Return. A manufacturing unit is seeking clarification on the correct amount to report in their VAT-R1 return for an interstate sale from Haryana to Rajasthan. The sales bill includes a central sale amount of 10,000, excise duty, education cess, and CST, totaling 11,460. The query is whether to report 10,000, 11,236, or 11,460 as the sale amount. The response indicates that according to the HVAT Act, 2003, the amount of 11,236, which includes excise duty and cesses, should be reported as it represents the taxable amount for CST calculation. (AI Summary)
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