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Kiosk Purchase

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....iosk Purchase<br> Query (Issue) Started By: - PONNADA B K RAVIKUMAR Dated:- 23-10-2010 Last Reply Date:- 25-10-2010 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>Sir, we bought a kiosk (Fixed Asse....

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....t) from the supplier in chennai to delivery to our Hyderabad Branch, so whether he will charges Cst or Vat, if so at What rate ? Pls guide me sir Reply By CA Rachit Agarwal: The Reply: Purchase will....

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.... be CST purhcase within the ambit of Section 3 of the CST Act, 1956. As the purchase being of inter-state nature. If you give the "C" against the purchases, then the CST rate will be 2%, however if t....

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....he same not issued than the tax will be charged at the VAT rate or CST rate whichever is higher. C Form i.e concessional rate purchases will be made only if the item purchased is for the trade nature....

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.... or consumption in the production of finished goods. Purchase of goods for the use of the office purpose, "C" Form cannot be used. Reply By PONNADA B K RAVIKUMAR: The Reply: This was a Fixed Asset w....

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....here we sell our products and Coffee, so can we issue c form and ask the supplier to charge Cst. Is it ok<br> Discussion Forum - Knowledge Sharing ....