Sir,
I am a registered dealer under KVAT. I purchase goods from Unregistered dealer and pay URD tax @ 5%. I have interstate sales which is chargeable @ 2% CST. can I set off the tax paid on URD purchases against CST collected?
URD Purchases Rs 100 Tax paid on URD Rs 5
CST Sales Rs 110 CST Collected Rs 2.20
Can I claim the refund of Rs 2.80?
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Urd input tax- karnataka vat
Replies (1)
VAT INPUT CREDIT CAN WE ADJUST AGAINST URD PURCHASES
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