Inter state sale
This query is : Resolved
19 August 2013
sir if interstate sale is made then credit of excise receivable to purchaser or not?
CA UMESH DULAL
(Expert)
19 August 2013
CST and excise are different TAX so excise credit is receivable to purchaser regard less of interstate purchase or local purchase
CA Kumar Mukesh
(Expert)
19 August 2013
Yes, if inputs are used TO manufacture of those units WHICH ARE USED IN inter state sale
CA UMESH DULAL
(Expert)
19 August 2013
if the final product is exciseable, then exicse paid on input is allowed
20 August 2013
i understand the above matter,if purchaser issue form c then also eligible for credit or not ?
CA Kumar Mukesh
(Expert)
20 August 2013
Form C is relevant for Interstate sale to reduce CST rate 4% instead of 12% in case of sale without C form.
Its not relevant for the purpose of claiming Cenvat Credit of Excise Duty paid on Input (purchase)
Its not relevant for the purpose of claiming Cenvat Credit of Excise Duty paid on Input (purchase)
CA UMESH DULAL
(Expert)
21 August 2013
you have to take in mind that CST ACT and Excise is different act and input excise can be claimed whether the purchase is against form c or not
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