VAT INPUT CREDIT PROBLEM ON INTERSTATE PURCHASE

YES YOU CAN CLAIM THE 5% INPUT VAT. 

No without FORM C you cannot claim input credit

pls help me friends...........

i m confused........

should i take input credit or not......

if yes pls give me source...

you cant take input on interstate purchase with or without C form

Input credit is availble only on the purchase with in the state and invoice should be Vat Invoice NO Retail invoice..

no way there is npo scope  to take input credit on CST purchase even on cst sale.

even u may be issued  a "C " form to the vendor....

As per  VAT provisions,u cant avail input vat credit on interstate purchases.Issuance of C form is immaterial.For availing input vat credit purchase must be within the state and moreover tax invoice must be issued.

Dear Dinesh

you can not claim INPUT VAT credit and it doesn't matter that you have given Form 'C' or not

if you have given then you have to pay tax @ 2% then also you can not claim.

if doesn't given Form 'C' and paid full tax then also you cant claim / benifit ot tax.

Regards

Dear Dinesh,

You cannot avail Input tax credit on inter-state purchases.

Regards

No way input tax credit is only allowed the local purchase of the dealers. Any CST Purchases no CREDIT ALLOWED

If it is interestate purchase seller can not charge VAT on it. It should be CST. Applicable rate in case of not providing C form will be rate applicalbe for sale of same commondity within the state. In case of buyer providing C form it will be at concessional rate (At present it is 2%).

Input credit is not available in both the cases.

Regards

Dayananada

Then How we can adjest interstate purchse in TallyERP