Excise & CST
This query is : Resolved
07 July 2010
Dear all,
if a company is registered under Service Tax,VAT,Excise. but not under CST...
now if the company purchased goods paying CST, as well as Excise...can i take credit of both the tax?
if a company is registered under Service Tax,VAT,Excise. but not under CST...
now if the company purchased goods paying CST, as well as Excise...can i take credit of both the tax?
07 July 2010
NO only if you are registered. so no cst credit can be taken
Arjun Chadha
(Expert)
07 July 2010
Mr Somani, your concepts are totally wrong. Input credit of CST cannot be taken under any circumstances, irrespective of whether the purchaser is registered under CST or not.
Message likes :
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Akhil Agrawal
(Expert)
07 July 2010
i agree with Arjun
CA Sanat Pyne
(Expert)
07 July 2010
AGREE WITH ARJUN JI
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