CST on mfg firm

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 December 2010 Hi all , my query is regarding - is a manufacturing firm entitled to have the CST refund if it is selling its products in India only, i.e. it is not an export unit or 100% EOU?
if not then is it right to club the CST amount with the products value ?
What in case it is selling in India & abroad also ?
Plz reply.

17 December 2010 Manufacturing unit who is having 100% EOU unit can only claim CST Refunds as per CST Act and there is no other CST Refunds on purchases claimed.

CST Refund is available only on CST Purchases made to your EOU units.

Exports sales are Zero rated sales and there is no tax liability on export sales.


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