TaxTMI 
TaxTMI 
6 (2) Sales
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.... (2) Sales<br> Query (Issue) Started By: - brij singh Dated:- 1-10-2016 Last Reply Date:- 2-10-2016 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>purchase form mumbai ₹ 358000 But goods Desp....
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....atch from bangalor to kolkata ₹ 298000 which form given muimbai ₹ 358000 Reply By Ganeshan Kalyani: The Reply: Material movement is essential to determine the taxability under Central S....
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....ales Tax. In the case referred above it seems that billing is done from Mumbai but delivery has happened from Bangalore to Kolkatta. But whether place from where the supplies has moved the material is....
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.... the place to the assessee. If yes then it is bill to ship to transaction. Reply By YAGAY AND SUN: The Reply: Subsequent sales during the movement of the goods from one state to another have been e....
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....xempted under section 6(2) of CST Act. When sale is done while goods movement from one state to another is called E-I transaction or sale in transit. The sale is done by endorsement or delivery of doc....
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....uments of title. Further such transfer of goods is exempt under the provision of Sec 6(2) of CST act 1956. Section 2(4) of the Sales of Goods Act permits transfer of goods by 'endorsement or delivery ....
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....of documents of title. Thus documents of title of goods can be transferred by mere delivery or by endorsement on document<br> Discussion Forum - Knowledge Sharing ....