Input credit on cst purchase
This query is : Resolved
Vishal Raval
(Querist)
20 October 2013
I have heard that Gujarat Vat department have issued a circular of CST input credit on purchase
MJ Krishnamurthy
(Expert)
20 October 2013
Mostly,the Gujrat govt will not issue a circular allowing to avail CST paid on interstate purchases as input credit. That will amount to huge loss of revenue to the state govt.It is also outside the norms laid down for the VAT laws.....mjk
Vishal Raval
(Querist)
20 October 2013
Thanks you sir
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