Cst act

Debashish mishra (Querist) 14 January 2012 This query is : Resolved
Thank You all sir, I got my answer but One of client, a registered Company of Bangalore raised Sale Invoice ( CST Sale) to its branch of Bhubaneswar and claims that as both Head office and branch office are situated in different states and registered under VAT and CST act in their respective states we raise sale invoice to simplify accounting process. Sir , My question is whether the company is duty bound to branch branch transfer and cannot raise sale invoice to its branches ?

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Deepak Nair (Expert) 14 January 2012
Replied in the earlier query

Raj Kumar Makkad (Expert) 15 January 2012
You have already been replied that in sale transaction two parties are required but in this case only a single party is present in Banglore as well as in Bhubneshwar so no sale can be made to himself. This is a transfer within house.

M/s. Y-not legal services (Expert) 15 January 2012
post it along with your earlier thread..

-tom-

prabhakar singh (Expert) 16 January 2012
repeated query.

R K JAIN (Expert) 16 January 2012
If you are ready to pay double tax i.e CST in one State and VAT in another state. Both the states get the taxes then both the states are happy. But I do not understand why you want to go for this since no one would like to pay tax twice and bear the loss of CST @ 2%.

Debashish mishra (Querist) 16 January 2012
Because the transaction has already taken place, and the bangalore party wants C form form the bhubaneswar branch which was rejected by the commercial tax dept.on the basis of above ground

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