22 October 2015
Dear Members, I have purchased Goods which includes VAT @14.5% on a Tax Invoice. Question 1. Can I sell these goods to a business in another state by Tax Invoice by paying CST @2%? Question 2. What's the process of Interstate Sales by Tax Invoice @2% CST? Question 3. Can the Balance VAT of 12.5% from 14.5% paid at the time of purchase of Goods be reimbursed?
CAclubindia
