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Credit of CST

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(Querist)
08 June 2009 If an inter state purchase is made & CST is paid on it.
Subsequently purchaser sells that product intra (within) state, VAT will be applicable.
So whether deduction of CST will be available to that purchaser.
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CA Sanjeev Kr Jain

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CA Sanjeev Kr Jain (Expert)
08 June 2009 no deduction of cst is available
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CA. Neha Gupta

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CA. Neha Gupta (Expert)
08 June 2009 No deduction of CST paid on purchases is available from Output VAT. However Input VAT can be used for set off CST liability on sales.
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