INTERVIEW QUESTIONS TAX SALES TAX DETAILS

Question: What is inter-state sale in case of Sales Tax?

Answer: An inter-state sale takes place when a sale or purchase:

Leads to movement of goods from one State to another State.

Is achieved by the transfer of documents of title while the goods are being moved from one State to another State.

Example 1: “A” in Orissa sells and delivers goods to “B” in Gujarat.

Example 2: “X” in Orissa delivers goods to “Y” in Calcutta. “Y” sells it to “C” in Delhi by transferring the document of title during the goods movement from Orissa to Delhi.

Note: Goods that are sold within a state, but while transporting travel through another state is not considered inter-state sales.

An inter-state sale takes place when a sale or purchase:

Leads to movement of goods from one State to another State.

Is achieved by the transfer of documents of title while the goods are being moved from one State to another State.

Example 1: “A” in Orissa sells and delivers goods to “B” in Gujarat.

Example 2: “X” in Orissa delivers goods to “Y” in Calcutta. “Y” sells it to “C” in Delhi by transferring the document of title during the goods movement from Orissa to Delhi.

Note: Goods that are sold within a state, but while transporting travel through another state is not considered inter-state sales. Source: CoolInterview.com

If you have the better answer, then send it to us. We will display your answer after the approval.

Rules to Post Answers in CoolInterview.com:-

• There should not be any Spelling Mistakes.
• There should not be any Gramatical Errors.
• Answers must not contain any bad words.
• Answers should not be the repeat of same answer, already approved.
• Answer should be complete in itself.

Name :*
Email Id :*
Answer :*
Verification Code	Not readable? Load New Code
Enter the above shown code: *
	Inform me about updated answers to this question