24 February 2010
Q (1) If we purchase raw material from out of state(CST) and manufacture finished goods and sale within the state(VAT), then can we claim the paid CST?
Q (2) If we purchase raw material within state(VAT) and manufacture finished goods and sale out the state(CST), then can we claim the paid VAT?
Q (3) If any type of paid tax which we can't claim is there, then can we include that (paid tax) in stock value.
26 February 2010
Dear Mr. Arun, I have one more doubt regarding this head- Q If we purchase raw material from out of state(CST) and manufacture finished goods and sale out of the state(CST), then can we claim the paid CST? If yes, then can we set off output CST against Input CST
CAclubindia
