CST demaded on Branch Transfer
Bhupesh Pradhan
(Querist) 24 June 2011
This query is : Resolved
Our Factory is situated in Chhattisgarh. We have various Branch Offices in various States out side Chhattisgarh. We transfer our products to our Braches in “Branch Transfer Basis”. After that Receiving Branches give Form “F” monthly to Chhattisgarh. The products which we have transfer to various states are sold in the state & in the respective states we have paid VAT. In some cases the received date & date of sale is same. Now the Chhattisgarh Sales tax Department has demanded CST on the Branch Transfer treating it as “Predetermined Sales”. Please advice in this regard
R.Ramachandran
(Expert) 24 June 2011
The entire matter is to be defended based on pure facts. Better contact your local lawyer, show him all documents and take his considered advice.
Kirti Kar Tripathi
(Expert) 24 June 2011
What are the rules in this regard. Unless the same is not known, it is not possible to answer.
