Input credit
This query is : Resolved
19 December 2013
Whether input credit on CST purchase can be utilized for adjustment of vat on local sales.
Eg: Purchase from gujarat @ 2% against Form-C. Sales in the state of Tamilnadu at 14.5%.
Is it possible to avail credit of 2% purchase? If so, then how & the procedure for the same.
Eg: Purchase from gujarat @ 2% against Form-C. Sales in the state of Tamilnadu at 14.5%.
Is it possible to avail credit of 2% purchase? If so, then how & the procedure for the same.
20 December 2013
no You have don't avail Input Credit Purchase against C form
You can utilized input tax on purchase within state where you have registered
You can utilized input tax on purchase within state where you have registered
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