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Cst

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(Querist)
29 June 2012 Dear sir,


We are manufacturing Iron and steel (TMT Steel).We have interstate purchase(2%"c form) and now we have started interstate sale also.Should I set off cst input with cst out put.We are from kerala.


Regds
Shyamlal.K
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Vishnu Saboo

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Vishnu Saboo (Expert)
29 June 2012 there is no input credit avilable for CST purchases.
but CST liability can be set off with VAT input credit.
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CA CS Pawan Jajoo

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CA CS Pawan Jajoo (Expert)
02 July 2012 Agreed with Arunji
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