Cst form f
NITIN SHARMA (LL.M.)
(Querist) 10 March 2014
This query is : Resolved
Dear Sir,
One of my client has manufacturing unit in the state of Uttar Pradesh to manufacture micro-nutrient mixture which is exempt in U.P. and in Uttrakhand as well. My client has a branch in Uttrakhand. And from time to time he transfers some stock from his manufacturing unit to branch at Uttrakhand.
Now I want to ask that, whether Form F is requied in above case to prove the stock transfer even the manufactured goods is exempt in both states.
or
Form F is not is not required as the manufactured goods is exempt from tax.
Please clarify.
Anirudh
(Expert) 10 March 2014
Form-F is to be issued in the fact situation. Form-F is being issued as a matter of evidence of the goods being moved on stock transfer basis from one State to another. The requirement for issuance of Form-F is not dependent on the question whether the goods are taxable or exempt.
R.K Nanda
(Expert) 10 March 2014
consult tax lawyer.
Rajendra K Goyal
(Expert) 10 March 2014
Consult your tax consultant and discuss in reference to the local state laws.
T. Kalaiselvan, Advocate
(Expert) 12 March 2014
I endorse the views expressed by Mr. Anirudh, thus the exemption has got nothing to do with the form F.