cst vs vat

satyendra (jr. accountant) (24 Points)

24 April 2011  

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