Vat purchase and cst sale

Rahul Jain (Accountant) (316 Points)

30 June 2013  

Suppose A(dealer) purchases certain goods locally paying VAT- 

Basic Rs. 25000 
Excise(12.36%) Rs.3090 
Input VAT(5%) Rs.1404.5 
Total Paid Rs.29494.5 
 
Now A wants to sell the above goods to other state at CST and make Rs.200 net profit after payment of taxes and input credit. How will he account for it?