08-24-2010, 07:43 AM
Mr A and B signed a contract on 20th may 2010 under which mr. A will supply good x to mr. B within two months.. at the time of entring the contract the goods were exempt from sales tax.. later on the govt withdrew the exemption...
25% advance was paid paid on the signing of contract and balance on delivery of goods on 15th july 2010..
Advise mr. A on charge-ability of tax..
25% advance was paid paid on the signing of contract and balance on delivery of goods on 15th july 2010..
Advise mr. A on charge-ability of tax..
