Local sales against interstate pur
This query is : Resolved
sathish kumar.j
(Querist)
29 August 2011
sir
we are effecting an intersate purchases of paints, brushes and other allied products.
when we sell this locally wheather we have to pay tax or not. if tax is payable, is it possible to adjust against against available itc. what is the section.
we are effecting an intersate purchases of paints, brushes and other allied products.
when we sell this locally wheather we have to pay tax or not. if tax is payable, is it possible to adjust against against available itc. what is the section.
CMA Ramesh Krishnan
(Expert)
29 August 2011
You need to charge local vat on selling those products. you cannot set of against the CST with VAT payable
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