VAT & CST

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 April 2010 Suppose I have a trading firm in west bengal, and I have obtained the VAT & CST registration, my question is(A) if I do purchase goods of Rs. 50000/-from U.P. and sale the same to M.P., how much tax should I pay
(B) if I purchase same goods same amount form UP and sale it in WB ?
(C) I f I purchase it from WB and sale the same to UP
(D) if I purchase it in WB and sale it in WB

Pl tell me some one I don’t know any thing about VAT & CST

CA CS CIMA Prakash Somani

CA CS CIMA Prakash Somani (Expert)
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17 April 2010 VAT : If you are transecting within State i.e. within UP or within MP.

CST : If transection is made between 2 states i.e. UP & MP or MP & UP either sale in one state or purchse from other or vise versa.

When 2 states are involved it will be CST