Credit of CST
This query is : Resolved
08 June 2009
If an inter state purchase is made & CST is paid on it.
Subsequently purchaser sells that product intra (within) state, VAT will be applicable.
So whether deduction of CST will be available to that purchaser.
Subsequently purchaser sells that product intra (within) state, VAT will be applicable.
So whether deduction of CST will be available to that purchaser.
08 June 2009
no deduction of cst is available
08 June 2009
No deduction of CST paid on purchases is available from Output VAT. However Input VAT can be used for set off CST liability on sales.
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