12 October 2013
sir I am a registered dealer in T.Nadu, I purchase goods within state from unregistered dealers/individual(used items) and pay TNVAT on purchase. I want to know whether can I adjust the same against vat payable on sales made within state and interstate.
12 October 2013
Input Tax credit can not be adjustable against output Tax payble
Querist :
Anonymous
Querist :
Anonymous
(Querist)
14 October 2013
sir, i heard that tax paid on purchases(purchase tax/goods bought from unregistered dealers local)can be adjusted against output tax within state. but cannot be adjusted against cst sales. pl clarify(give me under which section it cannot be claimed especially within state if possible.)