Inrer state purchase
This query is : Resolved
17 December 2014
dear all,
kindly provide valuable advice to my doubt, i.e. when i purchase medicine from outside the state (inter state purchase) can i pay 2% advance tax on same and am not eligible for in put tax credit
17 December 2014
1. Central Sales Tax (CST) is levied on interstate purchase/sale of goods.
2. CST will be charged @ 2% only if the buyer provides C Form to the seller.
3. Input credit of CST is NOT permissible.
2. CST will be charged @ 2% only if the buyer provides C Form to the seller.
3. Input credit of CST is NOT permissible.
20 December 2014
you are buying goods agst c form @2% and at present 2% in not the imputable.
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