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
Menu
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.
Recent Threads
- Normal Register in GST in delhi in gujarat no rece
- ITC availment relationship
- Challan confusion in ITR B block return
- U/s 23 (2)(a) and 23 (2)(b)
- Building a Strong Financial Foundation: Key Accoun
- Long Term Capital Gains for shares
- Hiring Company Secretary Manager with 2 Years of P
- Updated Return _ Deduction
- Turf Club Veterinary Department. Procurement Manua
- I have wrongly shown itc in reclaimable itc inste
Related Threads
CAclubindia
