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)
Follow

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

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

CA. Urmila Mahalwal

Dalbir Singh Wadhera

Rajesh

RAGHUNATH KASIBHOTLA

SARAVANAN PALANISAMY

Subscribe Now

Claiming cst purchases of previous month

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

Article Assistant

GST CONSULTANCY

Accountant

CA Final