Hi Freiends.....I Have a query, Hope u alll help me in this regard....!!
My Friend have a sole trade business in State Andhra Pradesh ( A.P ) and he purchased some furniture from Mumbai for selling purpose and he paid CST there. Now my doubt is does he get any Input credit while selling that goods at A.P ? Plz help me about the Tax Treatement in this situation.....Thanks alot friends....!!
No ITC on inter state purchases . However you can set off the CST liability against VAT REFUND i.e . your ITC is more than the VAT payable
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