Credit of cst @2% against form c available under gst stoc

ITC / Input 405 views 5 replies

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 ?

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?


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