Dear Sir,
We have recently started trading business, supplying to another states also. But my apprehension is:
I purchase the goods here in Mumbai at 4% VAT
And I sell the goods to another state against C Form at 2% CST.

I make a direct loss of 2%, which is merely my profit margin.
Can the difference 2% be claimed or is there any way out of it.

I understand that purchasing from another state against C Form at 2% CST and selling in domestic market at 4% VAT, I have to pay back the difference with the tax of value added on it, but I cannot understand the reverse system.

Please advice urgently.

Thank you.
Regards,
Krunal
Mumbai

Hi,

VAT rate increased from 4% to 5% in Tamil Nadu, whether CST also is 5% or is it 4%.

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Dear Sir,

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2) Bill amount excluding service tax

3) Bill amount excluding vat & service tax

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Iam being a trader, i buy a product within state by paying 4% VAT (VAT Purchase)and then sell the product outside the state(CST sale)by collecting 2% CST against Form C.
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