well, if we bought goods under CST ( inter state purchases), then, if we were to sell it again out of state, would CST be applicable or would it be VAT?
any help would be appreciated!
Crazy Duke (Student) (86 Points)
11 August 2010well, if we bought goods under CST ( inter state purchases), then, if we were to sell it again out of state, would CST be applicable or would it be VAT?
any help would be appreciated!
SURENDRA BABU
(Manager- Taxation)
(46 Points)
Replied 13 August 2010
If we are selling outside, it would attract CST against 'C' form, With out C form VAT Rate will be applicable.
CAclubindia
