Student
139 Points
Joined June 2014
As per my knowledge, What I think is under current tax regime Input Taxcredit on Vat cannot be set-off from cenavt credit as one state tax and other is Central tax. So question unutilised Cenvat credit does not arise the trader must have charges the tax amount from its customer. Please correct me if I am wrong.
But my second Question under GST, will this set-off be allowed. Because the concerned person is trader he does not provide nay output services he just avails input services of CFA so can the GST paid on input services be set off Out put GST paid on supply of goods