Textile business - cst credit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
17 August 2011
Dear Sirs,
I wanted few clarification from you experts, Am in Karnataka doing textile business, i have reg VAT, sometimes i get textiles and readymade from Tamilnadu where they charge CST, I sell in Karnataka, I charge VAT on readymade garments.
My Question is:
While filing VAT return can i take credit of CST? Are textiles other than readymades exempt from tax? Also want to know what is C Form
Please Clarify.
Thanks
Mahesh
I wanted few clarification from you experts, Am in Karnataka doing textile business, i have reg VAT, sometimes i get textiles and readymade from Tamilnadu where they charge CST, I sell in Karnataka, I charge VAT on readymade garments.
My Question is:
While filing VAT return can i take credit of CST? Are textiles other than readymades exempt from tax? Also want to know what is C Form
Please Clarify.
Thanks
Mahesh
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 August 2011
textiles are exempt and readymades are charged in karnataka. Correct me if am wrong experts
Karthik
Karthik
18 August 2011
I agree with the expert
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