Dear Sales Tax experts here i got some trouble for the May month Returns.
We got an Invoice No. I30028004 from Roca Bathroom Product Pvt Ltd., Ponneri Branch. Here in the Invoice they have written the CST 14.5% instead of 2% CST against C Form. So, we are in dilemma.
Product Value - 1720
Freight B4 VAT - 30
CST @ 14.5% - 253
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Gross amount - 2003
Can i treat it as Input VAT Credit 14.5% and deduct it from our VATable amount for the month or should we issue the C Form for that?
If it is Input Credit 14.5% i am from Andhra Pradesh the and Primary Sale VAT of the Product 14.5% paid to the Tamil Nadu Sales Tax Department if i claim it it will be loss for the Andhra Pradesh Sales Tax Department. Explain me.
Venkkatesh
AccountsGuy.Net
CAclubindia
