CST
This query is : Resolved
deepak Kumar yadav
(Querist)
05 February 2009
in CST Seller of Bihar state sale goods to purchaser of Maharashtra state seller of bihar state collect cst and paid it to the Bihar sale tax authority but in this transaction purchase of goods could obtain any benifit of CST or purchaser just sale it in maharashtra by adding Vat on purchase price
Hiral Raja
(Expert)
07 February 2009
Purchaser cannot obtain benefit of CST since there is no credit available on CST paid on inter state purchase of goods.
Hence he just has to add Maharashtra VAT on the purchase price (incl. CST) along with the profit margin and then sell the goods locally..
Hence he just has to add Maharashtra VAT on the purchase price (incl. CST) along with the profit margin and then sell the goods locally..
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