Sett-off under mvat and cst.
This query is : Resolved
14 July 2013
Dear All,
Can A Dealer avail the Sett-off of Out of maharashtra purchase Tax Paid amt (if the Dealer is not availing the C form i.e it is taxed at the normal applicable rate. and not @ 2%) on the MVAT Sales ???
Awaiting for reply.
Can A Dealer avail the Sett-off of Out of maharashtra purchase Tax Paid amt (if the Dealer is not availing the C form i.e it is taxed at the normal applicable rate. and not @ 2%) on the MVAT Sales ???
Awaiting for reply.
16 July 2013
No setoff is available for CST paid on purchases, evenif charged at normal rates as per schedule( without C Form Purchases).
Set off is available of tax separately charged in tax invoice against purchases from dealer registered under local Sale Tax Act.
Set off is available of tax separately charged in tax invoice against purchases from dealer registered under local Sale Tax Act.
16 July 2013
Thank you Sir.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- PPF interest-As Exempt Income disclosure
- Under construction property in ITR
- Scrutiny and reopening of past returns
- Booth for sales promotion
- Upload Level ValidationITR3Category of Defect B/D
- Building tax payment deduction in rental Income
- F & O PROFIT REPORTING FOR AY 2026-27
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
