Cst query
This query is : Resolved
pawan chavhan
(Querist)
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)
CA Suresh Jain
(Expert)
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%.
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