Interstate Purchase of Capital Goods Macninery
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....nterstate Purchase of Capital Goods Macninery<br> Query (Issue) Started By: - Vimal Goel Dated:- 26-7-2013 Last Reply Date:- 28-7-2013 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>Hi everyone ! I'm currently having a steel processing unit in Bangalore. I'm purchasing a custom made machine for Slitting of Steel Coils form a manufacturer in Rajkot(Gujrat) My auditor says that I cannot issue a....
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.... "C" form against the machinery purchase form Rajkot. Now, I'm forced to pay 5% CST for the same. Can anyone guide me on this rule with proper documentation proof. Will be of great help. Thanks, Vimal Kumar Goel +9199005534321 Reply By Pradeep Khatri: The Reply: Rule 13 of the Central Sales Tax (Registration and Turnover) Rules, 1957 enumerate that the goods referred to in clause (b) of s....
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....ubsection (3) of the Section 8 which a registered dealer may purchase, shall be goods intended for use by him as raw material, processing materials, machinery and plant, equipment, tools, stores, spare-parts, accessories, fuel or lubricants, in the manufacture or processing of goods for sale, or in mining, or in the generation or distribution of electricity or any other form of power. Hence, you ....
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....can provide the C form against the purchase of machinery provided it should be used in manufacture or processing of goods for sale. Reply By Mukesh Shah: The Reply: Hi Vimal, You can provide C form provided you are registered under CST and such registration certificate includes the plant and machinery you want to issue Form C towards.<br> Discussion Forum - Knowledge Sharing ....
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