Cst paid offset against vat payble in mp

1. Is it possible to take input credit of CST paid for Out side purchase against VAT payble local sales?

2. Is musical instruments exempted for Sales Tax?

3. Imported electronic musical instruments comes under 4% VAT or 12.36% VAT in MP?

 (Confused just because electronic goods comes under 4 % VAT)

Replies (1)
No input credit for the amount of CST paid. Whether it is imported or made in India, it has to be taxed at the rate specified under the VAT schedule i.e 4%.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
08 October 2026
SALES TELECALLER

HIRE NOVA

Lucknow

Graduate (Any)

View Details
Company
30 October 2026
Asst Manager Accounts

Goodwin Pumps India Pvt Ltd

Chengalpattu

CA Inter

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
ARTICLESHIP 23 October 2026
Articled Trainee

J Y & CO

Hyderabad

CA Inter

View Details
Company
08 October 2026
Account Executive

Elite Taxation

New Delhi

CA Foundation

View Details