Input tax credit of gst
This query is : Resolved
Saksham Sachdeva
(Querist)
11 June 2017
As earlier on VAT & CST rules Input Tax credit of interstate sale( CST) is not given, input is given to only for sale within the state(VAT). IS THIS SAME FOR GST? Do the buyers will earn input for the tax paid by them for interstate sale?
Sagar Doshi
(Expert)
11 June 2017
Hi Saksham,
For interstate sales, IGST is charged. Further input tax credit to the recipient of service or goods subject to other conditions(like no specific restrictions are provided)
For interstate sales, IGST is charged. Further input tax credit to the recipient of service or goods subject to other conditions(like no specific restrictions are provided)
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