Cst query
This query is : Resolved
18 January 2017
Sir, I am regd. dealer in Maharashtra, I am purchasing goods from M.P. and the same goods directly selling to Gujrat dealer (without entering the goods in Maharashtra), in this case i am being charged 2% CST by M.P. dealer (on"C" Form) and i am charging 2% CST from Gujrat dealer, i am invoice from Maharashtra and issuing "C" Form to M.P. dealer and receiving "C" Form from Gujrat dealer.
So can i set off / adjust 2% (CST on sales less CST on purchase)
So can i set off / adjust 2% (CST on sales less CST on purchase)
18 January 2017
You can not charge CST and therefore, question of set off does not arise. You should collect E1 form from M.P. party collect the C form from Gujrat dealer. Do not charge CST. Mention on invoice " NIL CST Sale against E1/C form" . You can increase your price by 2%.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
