Assessable amount for charging cst

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Pravinbhai (Querist)
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02 August 2014 our unit is in excise so while charging CST what will be the assesable value for charging CST like i.e if my prices is Rs. 65/- + 6/- CEx. so i have to charges CST on 65/- or 71/-

PRATIKSHA

PRATIKSHA (Querist)
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02 August 2014 when we make provision on March ending then the service tax input included in that how it is to be treated ????

can we take the credit in the same financial year or after payment ???

Guest

Guest (Expert)

02 August 2014 you wil have to charge cst on 71 dear... excise is part of cost of goods na...

Guest

Guest (Expert)

02 August 2014 i didnt got ur que pratiksha...........

Annu Agarwal

Annu Agarwal (Expert)
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02 August 2014 As per Rule 4(7) of Cenvat Credit Rules ,you can take cenvt credit in respect of inputs service on or after the day on which invoice is eceived frm service provider.
So in your case in respect of input services whose invoice has been received by you in March,the Cenvat Credit can also be taken in March.

Pravinbhai

Pravinbhai (Querist)
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02 August 2014 Mr. Ankit if MRP rules are implimented to me then also the assesseable value will be inclusive of central excise.

Guest

Guest (Expert)

02 August 2014 for the purpose of cst , yes it is dear