I am A trader in karantaka and i purchase goods from Maharastra. I have closing stock on which i have paid CST @ 2% aganist form C. Is the Credit Available under GST regime for me ?
Menu
Credit of cst @2% against form c available under gst stoc
Replies (5)
No
until u have not received c form
if u have the c form,u can claim itc
No you cannot carry forward credit of CST in GST in any case.
Can i opt for composition scheme since my turnover is below 75 lacs and my closing stock includes purchases inter state but my sale is resticted to intra state...can i opt for composition scheme under GST?
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
