20 September 2013
We had sold material against form C from delhi to Karnataka. But Goods returned by the customer after three months at our branch in Kranataka. we are registered in both states VAT/CST Acts. Can we take its credit in Delhi? How will this transaction affect VAT/CST provisions of both states? Please also refer relevant provisions.
25 September 2013
In my opinion, you cannot get the credit in delhi on sales return, as the material has not reached delhi, i.e the origin state. According to you the material is in your branch in karnataka.
CAclubindia
