I had an issue understanding the VAT n CST set off in a particular example.
If suppose we buy an item in Maharashtra and sell it in some other state lets say Hyderabad or Gujarat then Do I get a set off?
If suppose we buy an item in Karnataka and sell it in some other state lets say Hyderabad or Gujarat then Do I get a set off?
If suppose we buy an item in Karnataka and sell it in Maharashtra then Do I get a set off?
Here Maharashtra is the state that we are registered in and rest all states are outside states. helping me understand this will be appreciated :)
CAclubindia
