Hi,
I want clarification with regard to Maharashta VAT on following two things
1) If adealer opts for composition schemce then Can he issues tax invoice
2) if as per act he cannot issue tax invoice then can he charge us VAT and can we claim refund in our return
I just want to ask you that if I charge CST on Bill charged to buyer, and buyer deduct WCT as per state laws, will CST be adjusted from WCT paid by buyer.
Please comment on it i'll be grateful to you.
Regards
CA. Shantanu
CAclubindia
