TaxTMI 
TaxTMI 
exemption of CST under sez unit
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....xemption of CST under sez unit<br> Query (Issue) Started By: - pankaj kanungo Dated:- 29-6-2016 Last Reply Date:- 29-6-2016 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>Self is Indore based Industrial dealer & got order from Unit situated in SEZ ahemdabad. 1. SEZ ahmedabad unit place order to us . We are register under MP sale tax department . 2. We place order to our principal situated at....
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.... bangalore , Karnataka 3. Now our principal made commercial invoice in our name & mention consignee name as SEZ unit situated at ahmedabad & material directly deliver the SEZ unit . In such transaction. Since material is directly deliver the sea unit , ahmedabad from our principal works at bangalore . How we can save cst @ 2% , since SEZ unit have exemption of CST . Pls. confirm in such cas....
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....e , SEZ unit issue form I directly in the name of our principal , since material is directly moved from principal work to sea unit location. Presently our principal told us that they will charges CST to us & our customer at SEZ told us they won't pay CST . The solution is only that of SEZ unit issue form I in the name of our principal . Pls. confirm whether it is possible or not Reply By....
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.... Ganeshan Kalyani: The Reply: Sir, the transaction is akin to Sale in transit. Here to briefly reply, the principal would charge CST@2% and on subsequent billing raised by you on SEZ would not attract tax in lieu of Form I. Since it is not direct sale I doubt avoiding CST. Thanks.<br> Discussion Forum - Knowledge Sharing ....