vat-cst set off

No input credit on CST cannot be set off against local VAT payment

Hi,

I am a trader in Thane, Maharashtra.

I am likely to buy some excisable building materials from Haryana on CST @ 4% or CST @ 2% against form "C".

When I resell the same in Maharashtra, what MVAT should I charge to my buyer? 4% MVAT or 12.5% MVAT or else?

Please revert.

Thanks & best regards,

Prashant

hiiii friend....

i would like to know that whether CST on sales of outside state set off against VAT RECEIVABLE on local transection because i know that CST on purchase of outside state must be added in purchase so pls friends tell me that can CST on Sales setoff against VAT or not ??

pls reply me on my mail id i.e.  kushalp_007 @ yahoo.com

Thanks in advance

Originally posted by : Prashant
	Hi, I am a trader in Thane, Maharashtra. I am likely to buy some excisable building materials from Haryana on CST @ 4% or CST @ 2% against form "C". When I resell the same in Maharashtra, what MVAT should I charge to my buyer? 4% MVAT or 12.5% MVAT or else? Please revert. Thanks & best regards, Prashant

• for sales in maharastra u have to pay full VAT , as applicable on your item, 
• CST paid would not be credited in any case.