26 June 2012
if you have purchased any capital assets from interstate dealer then how can you claim refund of vat ? and also ITC on purchase of any product from other state can not claim as input.
in my view if you purchase any capital assets from other state with "C" Composition scheme then it will have to claim C Form while filing CST Purchase return in CST Return you can not even sett off with output
so better way is to claim C form and give it to suppliers to whom it was purchased
CAclubindia
