Dear Sirs,
I wanted few clarification from you experts, Am in Karnataka doing textile business, i have reg VAT, sometimes i get textiles and readymade from Tamilnadu where they charge CST, I sell in Karnataka, I charge VAT on readymade garments.
My Question is:
While filing VAT return can i take credit of CST? Are textiles other than readymades exempt from tax? Also want to know what is C Form
Please Clarify.
Thanks
Mahesh
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Query - vat
Replies (1)
No Credit of CST is available
Form C is declarion under Central sales tax act agaisnt which you can buy the goods at concessional rate of 2% subject to goods are allowed to purchased at concessional rate in your registration under CST act.
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