Purchase and Sale out of the state
This query is : Resolved
26 February 2010
Q (1) If we purchase raw material from out of state(CST) and manufacture finished goods and sale out of the state(CST), then can we claim the paid CST?
Q (2) If yes, then can we set off output CST against Input CST
Thanks & Regards
FAZLE
Q (2) If yes, then can we set off output CST against Input CST
Thanks & Regards
FAZLE
Vishnu Saboo
(Expert)
26 February 2010
No cst claim is allowed, only in case on 100% EOU CST claim is allowed, but not allowed set off, you can claim the refund of CST amount paid in case of 100% EOU.
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