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can we have benefit of CST in VAT (Haryana). explain?
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Answer / h.r. sreepada bhagi
VAT is applicable on Intra-State sales and CST is applicable
on Inter-State sales. VAT Act and CST Act are separate in
each of the state in India. Hence CST is not available as
Input tax credit to the purchaser. Input tax credit is
available only in respect of VAT on purchased goods. This is
the same across all states in India where VAT has replaced
state Sales Tax Act.
| Is This Answer Correct ? | 9 Yes | 1 No |
Answer / surinder kumar
As Per Vat act no CST Benefit in Haryana
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / yogender singh
we can't have benefit of cst in any state of india because
we can't take input credit of cst the only thing we can do
is, we can adjust our cst liabilities from our vat input.
| Is This Answer Correct ? | 3 Yes | 2 No |
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