CST as credit against VAT
This query is : Resolved
16 August 2007
Can I claim CST paid on purchase of goods as credit against VAT while selling the same goods within state on which we are paying VAT?
Shyam Lal Naik
(Expert)
16 August 2007
No Sir,
CST paid on purchase is not available as tax credit.
CST paid on purchase is not available as tax credit.
16 August 2007
If you have VAT credit then you can set off against CST as per applicable VAT law .
BUT CST CREDIT IS NOT ADMISSABLE IN ANY HOW .
BUT CST CREDIT IS NOT ADMISSABLE IN ANY HOW .
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