30 April 2012
Dear All, We are Purchasing from Maharashtra (CST purchase) and selling in Gujarat ( Local Sale) My Querry is 1) Can We purchase against C Form? 2) Vat payable can be adjusted against CST purchase Tax?
03 May 2012
1. you can purchase gainast C form if material procured by you is mentioned in your CST Registration. 2. CST paid can be adjusted with Vat payable. There is no Input credit available for CST paid on purchases.
03 May 2012
1. you can purchase against C form if material procured by you is mentioned in your CST Registration. 2. CST paid cannot be adjusted with Vat payable. There is no Input credit available for CST paid on purchases.
CAclubindia
