Dear All,
We are purchasing goods with 'c' form. Can we purchase otherthan manufaturing goods?
For Ex: We are doing Hotel business and purchase new generator and can we claim cst?
Please explain me.
urs
Saravanan
Menu
CST
Replies (2)
Dear Saravanan,
Since you are end customer & not re-selling the generator your not eligble to claim any kind of Input Tax credit. Also note that CST is not cenvatable tax hence it should go to your cost.
No - Form C can be used only by a registered dealer for the goods mentioned in his registration certificate and for the following purposes:
- Reselling
- in manufacturing process
In case of Hotel, except for Food VAT is not payable on any item and also it will be dificult to proof the direct use of generator on cooking food.
In case you have any other query do write directly to us at beyondconsultants @ ymail.com or sms at 9891950868
Regards
Nikhil
Recent Topics :
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
Related Topics :
CAclubindia
