How its treated in Tamilnadu, VAT + CST

[Ponnukumara Samy]

Hi

We are registered Wooden handicfarts dealer based out of Chennai , Tamilnadu

1 ) I purchase Handicrafts from manufaturers from Karnataka / Andhra , they dont have TIN or CST as all are small direct govt. licensed artists. How it can be brought in to our books and accounts as per TN VAT ?

2 ) If i purchase old collections and furnitures from direct home when they dispose ( kind of scrap ) how it can be brought in to our books and accounts ?

In both the above 2 case there will be no proper bill

Regards

Kumar

Posts / Replies

[Ganeshan Kalyani]

Sir, the point wise reply is as under :

1) it seems to be not possible as interstate sale/purchase can take place only with the registered dealer. The CST Act, 1956 provides the condition in this regard.

2) in the State of Tamil Nadu, a provision of purchase tax is applicable. Since the seller will not collect and pay tax due to not having registration the purchaset has to pay the tax applicable.

Thanks.