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Inter state purchase and sales

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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2014 if i paid CST for purchase inter state goods, can i set off against output vat?
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 July 2014 yes but first u need to setoff any local sales puchase then only cst is allowed.
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Deepti Asawa

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Deepti Asawa (Expert)
11 July 2014 No, you can not set off CST purchase input against output vat.



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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 July 2014 under which state act u saying it deepti?????
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Deepti Asawa

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Deepti Asawa (Expert)
11 July 2014 No any state act allow CST purchase credit .
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 July 2014 then pls refer gvat and up vat
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2014 experts
i i am confusing from both statement pls
let me know

thks
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
11 July 2014 you havent mentioned about your state pls mention that first...........



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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2014 sir CST applicable to all state because it is central tax expt jammu and kashmir.
then vat also applicable within in the state purchase and sales transaction .y want i mention state
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Deepti Asawa

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Deepti Asawa (Expert)
11 July 2014 no, all state rules are diffrent so you should mention your state
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Querist : Anonymous

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Querist : Anonymous (Querist)
11 July 2014 Andra Pradesh

thks expert
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Vishnu Saboo

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Vishnu Saboo (Expert)
15 July 2014 No, CST paid on purchases is not admissible for input credit.




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