CA.Kanhaiyalal Gupta (Taxation Incharge) (290 Points)
05 January 2013Dear All,
"ABC Ltd ( Delhi )
"BC" Ltd. ( Haryana )
"ABC Ltd selling goods to BC Ltd without providing "C" form i.e. CST 12.5% like Vat amount Rs. 10000
"BC Ltd. Selling good to Maharashtra without Receiving "C" Form i.e. CST 12.5% +5% surcharge like Vat Amount Rs. 12000
Can "BC Ltd. take sett off :-
CST Payable ( Maharashtra) Rs. 12000
CST Paid ( Delhi ) Rs. 10000
=======
CST Payable Rs. 2000/
CA Pintu Mishra
(Chartered Accountant- Industry)
(514 Points)
Replied 05 January 2013
No you cannot take credit of CST paid on purcahse, however if you would have purchased on vat you could claim it against CST liability.
CA Ram
(CA)
(310 Points)
Replied 05 January 2013
no. you cannot take cst credit . Only vat can be taken. You have to pay cst like a expense............
Rahul Sharma
(Be Always Positive)
(1603 Points)
Replied 05 January 2013
no, you can't take credit of cst means cst adjustment is not allowed
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
