Sett-off under mvat and cst.
This query is : Resolved
14 July 2013
Dear All,
Can A Dealer avail the Sett-off of Out of maharashtra purchase Tax Paid amt (if the Dealer is not availing the C form i.e it is taxed at the normal applicable rate. and not @ 2%) on the MVAT Sales ???
Awaiting for reply.
Can A Dealer avail the Sett-off of Out of maharashtra purchase Tax Paid amt (if the Dealer is not availing the C form i.e it is taxed at the normal applicable rate. and not @ 2%) on the MVAT Sales ???
Awaiting for reply.
16 July 2013
No setoff is available for CST paid on purchases, evenif charged at normal rates as per schedule( without C Form Purchases).
Set off is available of tax separately charged in tax invoice against purchases from dealer registered under local Sale Tax Act.
Set off is available of tax separately charged in tax invoice against purchases from dealer registered under local Sale Tax Act.
16 July 2013
Thank you Sir.
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