Input credit against cst 2%

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 September 2014 Dear Experts

we have purchased goods from outside state against form C 2% CST RS 1820.00. We have sold goods under output tax VAT Rs 130000 & CST Rs. 97000.Now my query is that can i adjust this input tax Rs 1820.00 against my output tax VAT & CST amount?

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)
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09 September 2014 A dealer CANNOT avail input credit of CST. Accordingly CST paid on purchases CANNOT be used for payment of output VAT or CST on sale.