Friends,
One query.
I am pure reseller in Food Grains i.e. Wheat, Rice, Toor Dal etc & registered under MVAT & CST.
I will be having Closing Stock as on 30/06/2017.
Now, in this stock, there r purchases from out of Mah. as well as MS purchases.
In certain OMS purchases, the supplier always charges VAT/CST.
So, What will be position for Set-off Carry forward for such VAT/CST paid purchases of which goods r balance in closing stock ?
Shall I file stock cf statement and claim ITC for such CST paid stock ?
Pl guide.
T & R
K P Bhanushali