CST on Resale of WindMill

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....ST on Resale of WindMill<br> Query (Issue) Started By: - Himanshu Mehta Dated:- 6-9-2011 Last Reply Date:- 6-9-2011 VAT + CST<br>Got 5 Replies<br>VAT / Sales Tax<br>I am having a query on resale of Windmill. Our windmill is situated in state of Rajasthan, Our VAT/CST Reg is in the state of Gujarat and we want to resale the said windmill to the customer in the state of Maharashtra. My Query, (1....

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....) Whether I can charege CST on Resale treatin the Wind mill as my plant & machinery and issue a C Form to the buyer? (2) If the buyer is not willing to buy under CST than at what percentage am I suppose to charge the sales tax? Waiting for the answer Thanks and Regards Himanshu Mehta [email protected] Reply By pradeep khatri: The Reply: On sale of Windmill, in my opinion, CST will be applic....

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....able:- * CST @ 2% against Form 'C', if electricity generated by this windmill is being used for manufacturing of final proudct or * Full rate of CST @ 14% +1% (Gujarat VAT rates)will be applicable if the buyer is not able to provide you with a C form. Thanks & Best Regards, Pradeep Khatri Reply By Himanshu Mehta: The Reply: Sir, Can you tell me that hw this 14% derived? Regards, Himanshu....

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.... Mehta Reply By pradeep khatri: The Reply: It has been derived from the GVAT Tax Schedules. Reply By Himanshu Mehta: The Reply: Sir, I have gone through 2nd schedule but I could not find the same. Sir, I request you to kindly share the further information on this. Thanks in anticipation for your quick support. Regards, Himanshu Mehta Reply By pradeep khatri: The Reply: Kindly check the la....

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....test tax schedule No. II and check the last entry number of the Schedule in this regard or get it confirmed from your counsel or from the VAT Department.<br> Discussion Forum - Knowledge Sharing ....