https://www.taxtmi.com/forum/issue?id=109854 The discussion explains that CST is not Cenvatable because allowing Cenvat on CST would defeat the purpose of the CST levy; CST is a central levy though retained by states, while VAT is a state subject, so cross-credit between central and state taxes is legally and administratively unjustifiable. Respondents also observe that concessional treatment on inter-state purchases operates like a de facto credit, and that a unified regime such as GST would change these mechanics. en-us Wed, 10 Feb 2016 13:05:10 +0530 Thu, 23 Jan 2025 15:56:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=109854 The discussion explains that CST is not Cenvatable because allowing Cenvat on CST would defeat the purpose of the CST levy; CST is a central levy though retained by states, while VAT is a state subject, so cross-credit between central and state taxes is legally and administratively unjustifiable. Respondents also observe that concessional treatment on inter-state purchases operates like a de facto credit, and that a unified regime such as GST would change these mechanics. Discussion-Forum VAT / Sales Tax Wed, 10 Feb 2016 13:05:10 +0530 https://www.taxtmi.com/forum/issue?id=109854