Inter state sale
binod kumar dutta
(Querist) 19 August 2010
This query is : Resolved
dear seniors & Experts
I have some confusion and need yuor suggession on it. The case is as follow:
We are manufacturing unit of TMT bar in Jharkhand.We have opened our branch in Bihar for business in that state. In order to move the goods from Jharkhand to Bihar, what type of invoice we should raise:- CST sales bill against C-form charging 2% CST or stock transfer bill against F form, what is right way.Can a manufacturing unit raise CST invoice to it's branch and get C-form from it's branch office.
Please advice
With respect & regard
Binod Kumar Dutta
Ph:09279538830
email:binod@gmail.com
AMIT BAJAJ ADVOCATE
(Expert) 19 August 2010
The proper way in this case is to issue invoice against F forms. Since it will be an interstate branch transfer.
But invoice should be raised against F form only in case of Interstate transaction of goods transfer between the head office and branch office to save CST.
B.R. BHALLA, ADVOCATE
(Expert) 19 August 2010
I think Advocate Amit Bajaj is not right while advising the querist to raise the Bills to self against "C" form. To make a valid contract of sale, two parties are essentially to be there. No sales can be made to self. Company remains one at all places. It is advisable to transfer the goods to Branch against "F" form by raising Stock Transfer Challans.
AMIT BAJAJ ADVOCATE
(Expert) 19 August 2010
it is always advisable to raise bill against F form where transaction is with branch office
adv. rajeev ( rajoo )
(Expert) 20 August 2010
It is not a interstate sale, it is inter branch transfer. In my opinion invoice is sufficient.
VASANTH D JAGANATH
(Expert) 20 August 2010
Dear Sirs,
if the goods have been moved from manufacturing unit to branch in pursuance of the contract entered with customers, shall be treated as interstate sales, irrespective of the goods moved agianst form 'F' or place of delivery [i.e., transferred to branch and from there moved to customer's place]
