Urd purchases and inter-state sales and exports

This query is : Resolved

raghavendra b (Querist)
Follow

18 March 2015 Dear sir,

my client is a granite trading dealer. he always purchases granite from the un-registered dealer who is not a registered dealer under karnataka value added tax act 2003.

and my client's business almost effecting inter-state sales and exports.
so my question is how to adjust input in the vat returns urd purchase and inter-state sale and exports. because urd purchase within the state and sales are inter-state or exports.

Vishnu Saboo

Vishnu Saboo (Expert)
Follow

23 March 2015 normally in case of purchases from URD, you need to pay purchases tax and you can avail tax credit on same. but if material is exported no question of sales tax is there. in case of CST sale, you can adjust credit.