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Inrer state purchase

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17 December 2014 dear all, kindly provide valuable advice to my doubt, i.e. when i purchase medicine from outside the state (inter state purchase) can i pay 2% advance tax on same and am not eligible for in put tax credit

17 December 2014 1. Central Sales Tax (CST) is levied on interstate purchase/sale of goods.

2. CST will be charged @ 2% only if the buyer provides C Form to the seller.

3. Input credit of CST is NOT permissible.

20 December 2014 you are buying goods agst c form @2% and at present 2% in not the imputable.




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