hello,
i have a question related to vat and cst.
when in any business party purchase goods from other state with CST and sell it within his own state with VAT.
then what amount should he pay as a tax like (VAT - CST) or full VAT amount.
please discribe the concept also.
thanks in advance
CST is not a adjustable tax,
he has to pay full vat
You will have to pay full VAT amount.
CST in no way can be availed as set-off against your VAT liability.
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