Vat credit

755 views 4 replies

Hello Guyzz....I have an problem..as i m engaged in business of ceramics and marbles in mumbai "MUMBAI".

I purchased goods from manufacturer of product in which i dealt in "GUJARAT" against "C". I paid cst @ 2% on total amount(Incl.of Excise Duty). Now i sale such goods in mumbai and collect vat @ 12.5% from buyer.

Now i have to fill vat return . Can i avail credit of cst @ 2% against vat 12.5%.

Suggest please.

Replies (4)

no credit of CST is allowed

NO Credit of CST.

thanks....

Sir can you suggest me whether i have to fill vat return quarterly or half yearly.

@ Deepak

If you are a Registered Dealer than you can Check ypu vat return frequency on Mahavat websited after Login. Go to www.mahavat.gov.in


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