Taxation

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 September 2013 Sir,
U explained the problem easily which I asked u last night but i have a problem in it
Actually in cost of raw materials imported from other states we include CST but u didnt include CST in it
Can u please explain the reason for it
thank u

27 September 2013 because we take credit of cst.

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 September 2013 Sir I didnt understood this answer
Please show the entry mode for my clarification
Actually CST cant be taken as input credit as per Sales tax act


27 September 2013 Coz it was treated as a part of cost,
You can not exclude it from the cost...



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