Claiming Credit

This query is : Resolved

CA.Yogesh Patel (Querist)
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19 May 2011 Hi,

Can anyone please suggest that can we claim the input CST crdit against gujarat VAT or not?

U S Sharma (Expert)
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19 May 2011 CST paid on purchase does not qualify for input credit in any case.

RAM SAINI (Expert)
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19 May 2011 you cant get input credit of cst

but you can get refund in some cases like export

U S Sharma (Expert)
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19 May 2011 neither input credit, nor refund is possible, in case of CST, under Central Sales Tax act 1956

RAM SAINI (Expert)
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19 May 2011

BUT WE CAN GET CST REFUND IN CASE OF EOU

U S Sharma (Expert)
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19 May 2011 no, in case of EOU u have to get goods under form H, or form I, cst once paid can not be refunded.

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