D vat
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 November 2010
There is no need of reversal of input credit when the goods are transferred from Delhi to some other state because when you will sell these goods you have to pay the VAT in that state, so you can take the full Input credit in Delhi.
B R Ramesh
(Expert)
15 November 2010
Hi
Yes you can avail the input credit when you purchesed the goods locally
and you should collect the CST when you sold to the interstate.
Yes you can avail the input credit when you purchesed the goods locally
and you should collect the CST when you sold to the interstate.
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