Credit of CST with VAT

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....redit of CST with VAT<br> Query (Issue) Started By: - Tanusanker dey Dated:- 11-7-2009 Last Reply Date:- 12-7-2009 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>can central sales tax be credited wi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....th vat? when we do CST purchase and sale locally what will be the tax rate at VAT rate or with both CST included and VAT rate? suppose if i buy goods worth Rs. 100 with CST of 3% at what price would I....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... sell the commodity? ellaborately mention the answer. Reply By Ravi Chopra: The Reply: I do not think that state governments are allowing CST paid in different state to be adjusted with VAT liability....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of that state. To overcome this type of problems and issues, the concept of GST is there and the rate of CST is being reduced in the meantime.<br> Discussion Forum - Knowledge Sharing ....