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Input vat against cst sale

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(Querist)
02 January 2015 A company has vat Purchases (local purchase) and CST sales against “C Form” (don’t have any local sale). Can we avail input vat credit; I mean to say "can we avail input against CST payable". please clear me with an example
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P V Ram

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P V Ram (Expert)
02 January 2015 CST payable can be setoff against VAT INPUT credit.

Eg. CST payable of Rs. 100000 can be claimed against vat input credit of Rs. 100000, say.

Thanks!
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Amit Kumar

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Amit Kumar (Expert)
03 January 2015 First:- CST payable can be set be setoff against VAT Input Tax Credit

Second:- In our case there is no local sale but local purchases then Interstate sale. In above case depends on states, reversal of input tax credit is also required as per rules and provision.
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Vishnu Saboo

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Vishnu Saboo (Expert)
21 February 2015 yes tax credit can be availed, but as told by Mr amit, pls check whether any portion to be reversed or not against CST sale?
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