C.S.T. applicability on transfer of goods
Querist :
Anonymous
(Querist) 29 April 2011
This query is : Resolved
hi, we r registered dealer in mumbai and participated in an exhibition in delhi as a casual trader for only one day.what we sold in delhi,calculated d vat amt and paid to the department same day.but while Filing our C.S.T. AND M.Vat return in Mumbai, what would to tax liability in mumbai towards C.S.T PAYMENT.Is"F" would be required to get expmtion from paying C.S.T in mumbai.pls guide me properly as soon as possible.
thanking you
Taraesh
R.Ramachandran
(Expert) 29 April 2011
Form-F would not be required.
Since the goods moved from Mumbai to Delhi not on account of any sale, but for 'self'. At the time of booking the goods, it should have been booked to Your own Company's name (self) and giving the address where the exhibition is to take place. Similarly, when you take back the unsold goods from Delhi to Mumbai, you have to consign it to self.
It is enough if you show the quantity/value of goods moved from Mumbai to Delhi and then from Delhi to Mumbai in the C.S.T. Return without giving any particulars of Form-F. But you have to give appropriate explanation that the goods were taken out to Delhi for exhibition purpose and the unsold goods have been brought back. Delhi VAT has been paid on the goods sold at the Exhibition in Delhi.
In case you have availed any Input tax credit, then to the extent of goods sold in Delhi, you have to reverse the same under Maharashtra VAT.
