TaxTMI 
TaxTMI 
Stock transfer transaction from exempted zone.
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....tock transfer transaction from exempted zone.<br> Query (Issue) Started By: - Anil Gagneja Dated:- 27-7-2012 Last Reply Date:- 30-7-2012 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>Dear Sir, W....
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....e have received some inputs from our customer. They raised invoice under stock transfer against Form F. The value of goods sent by customer is Rs. 10. Further we manufactured the goods and used in o....
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....ur final product and dispatched back to customer. The format of invoice raised by us is as follows :- Value of goods = Rs. 90 Value of Customer Supplied goods = Rs 10 Taxable Amount = Rs. 90 CST @....
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.... 2% = Rs.1.80 Total Amount = Rs. 91.80 * The customer will issue us the F Form for Rs.10 and C Form for Rs. 91.80 against the goods? Kindly confirm if this procedure is correct..? Thanks in advan....
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....ce Reply By Pradeep Khatri: The Reply: It seems that you had recevied goods from your customer on a challan for doing the Jobwork by using your inputs or goods. The method used by you for calculati....
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....ng the Central Excise Duty as well as CST is correct. Reply By Anil Gagneja: The Reply: We have received the goods from our customer on invoice against form F., because the inputs utilise in the fin....
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....al products to be manufactured by us. It is mandatory to issue form F against Form F..<br> Discussion Forum - Knowledge Sharing ....