2% CST ON PURCHASE OF GOODS IS ALLOWED AS CREDIT OR NOT
Deepak Gupta
(CA Student)
(15922 Points)
Replied 20 May 2014
| Originally posted by : Danish | ||
 |
2% CST ON PURCHASE OF GOODS IS ALLOWED AS CREDIT OR NOT |  |
CST is not eligible for input tax credit as CST has been received by other State from where the movement of goods started. It shall be included in the cost of purchase.
Danish
(Accounts Executive)
(73 Points)
Replied 26 May 2014
hey deepak
2 % reduction when it is applicable
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