Claiming cst purchases of previous month

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 December 2013 Can We Claim CST Purchase of any Previous Month in the current month.If so what is the time limit & for how many month can we claim.

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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07 December 2013 CST purchases are to be claimed in the month they are received in the respective returns.ITC is not eligible on these purchases,but,delay in declaring interstate purchases in time in returns may create problems in getting E1,E2, and C forms on line and giving them to the sellers in time. If the forms are delayed then the sellers have to pay full tax on such sales,which will be recovered from you.So,within three months/quarter it must be declared in the returns....mjk