I want to know that,can supplier will tell the purchaser at own will to not to issue C form & he can charege higer rate of vat insted of CST as this will increase the cost to the purchaser becouse he can`t utilized entire credit & suffer from additional lost
21 February 2011
Inter state purchase ...CST will be applicable .......If the purchaser is unable to issue C Form ...then VAT Rate will be applicable ............Interstate purchase Input vat will not be considered
CAclubindia
