5% cst setoff against local sale

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sujata gurav (Querist)
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05 November 2011 Respected All

Kindly help me in this matter i am confused about that can i take setoff of 5%CST against Local Sale.

Awaiting reply.

Regards,

Yash Anandkumar Mandavia

Yash Anandkumar Mandavia (Expert)
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05 November 2011 The credit of CST is never ever available. I will explain u with an example

G of Gujarat purchases goods from R of Rajasthan paying 5% CST which is deposited in Rajasthan VAT department. VAT payable on local sale by G has to be deposited in Gujarat VAT department. So, the credit of CST paid on purchase from Rajasthan is not at all available.