Cst

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 May 2012 cst purchase ki he output tax me adjust hogi ya nahi

2 stock transfer from other state branch ko kiya

for exmp. our state sales 500000 ( MRP )sales ki hai

other branch sales 220000 sales ki

cst purchase ki 75000 ( 2% ) 1500

our state purchase 125000 ( 14%)17500 ( (inputvat )

pls qty return making for exmp.

)

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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10 May 2012 Mr Author,
Your local sales(mrp) is Rs 5,00,000/-.This includes tax,which is Rs61,404/-.Less vat paid on local purchase Rs 17,500/-,No CST input credit available. Other state sales to be declared in other states only.Tax payable is Rs43,904/-.
MJK