Sales tax cst

Rakesh (Querist) 18 May 2012 This query is : Resolved
Can a company situated at karnatka , do stock transfer ( no cst )of material against confermed schedules (i.e- predetrmined sales) in Haryana , for onward billing(LST BASIS) to one or two customers

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C. P. CHUGH (Expert) 18 May 2012
Stock transfer happens only either to self or a pre-notified consignment agency, which is required to maintain details of inward and outward transaction of goods so consigned. At the time of assessment in case the Assessing Officer is satisfied that the movement of Goods was for a predetermined sales and it was actually not a stock transfer, then he may assess it as a inter-state sales and you may be cast upon additional tax liability.

Rakesh (Querist) 18 May 2012
Thanks Chugh Ji,

After stock transfer of goods if we supply to two or three parties , which has different TIN nos. but same owners , then what would be reply of tax assesing authorities.