Cst adjust against only cst
This query is : Resolved
rahul rana
(Querist)
02 May 2016
I want to ask you
If i purchase inter-state against c-form and sale inter-state against c-form then can i adust cst to cst
If i purchase inter-state against c-form and sale inter-state against c-form then can i adust cst to cst
CA Himanshu Ojha
(Expert)
02 May 2016
No, the inter-state purchases liable to CST are not eligible for input tax credit.
KAVIRAJA ADDANGADI
(Expert)
02 May 2016
No, inter -state purchase CST input tax can not be adjusted against Local or interstate sale.
Murtaza I Bhagat
(Expert)
03 May 2016
interstate purchase ITC will not be allowed as set off against CST sales. you have to pay CST which was charged in purchased bill without taking input of CST.
Rupesh Jain
(Expert)
03 May 2016
no you can adj he CST liablity against VAT . CSt in not inputable. its part of your purchase cost
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