I have a query on CST. My father has a business where he purchases goods from outside Maharashtra by paying CST @ 2%. He then sells these goods in the state of Maharashtra and duly pays MVAT on the goods.
Now since there is no setoff of CST paid against VAT payable, the entire amount of CST is lost (which is a considerable amount). Can he claim a refund of the CST paid? If so, what is the procedure for claiming refund? Can the claim be made online of a physical form needs to be filed?
Also, C-form has been taken only for a few of the inter state purchases. Would that have any bearing on the refund.
Thanks in anticipation.