INTER STATE PURCHASE

SUSHILA BISHT (ARTICLE) (29 Points)

26 February 2011  

Please help me in understanding the concept of "INTER-STATE PURCHASE" (CENTRAL PURCHASE)

I have a problem in a question i.e why input tax credit is not availalbe to the purchaser (assessee) in case of inter-state purchase (Central Purchase) ?

why we hav'nt  to adjust the tax credit of inter state purchase against the central & local sale???

If anyone have good reasons please forward me............

thanks