Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


can we take input credit on interstate purchase, which is
not against 'c' form. Party had charged full tax amount
(cst 4%)



can we take input credit on interstate purchase, which is not against 'c' form. Party ha..

Answer / h.r. sreepada bhagi

No. Input Credit is available only in respect VAT charged
with in that state as of now. Once GST is implemented in
future, it will be possible.

Is This Answer Correct ?    16 Yes 2 No

Post New Answer

More Taxation Interview Questions

what is CST for what we are using it

13 Answers  


If any body have knowledge for vacate position for the post of Accountant kindly mail me verma_moti@yahoo.co.in (handling Accounting upto finalisation,Sales tax/vat,TDS,Service Tax,Excise tax and MIS.

0 Answers  


we are registerd dealer in delhi we are purchase some goods from unregisterd dealer pls. suggest me what type entry in my book for records . all pur. in cash

2 Answers  


The Loss of Profit & Loss A/C Where It is Shown in Balance Sheet Liability or Assets Why ?

5 Answers   Albert, Titan,


In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.

0 Answers  


How to calculate the TDS

0 Answers   Manufacturing, Wipro,


Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?

0 Answers  


I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka

0 Answers  


What is Tax refund?

1 Answers   Deloitte, Ernst Young, Freedom Chemicals, Wipro,


calculation of Tds on subcontractor

0 Answers  


what r the heads of taxation

8 Answers   Mphasis, TATA,


We purchase Electricals Cabel for Panel & Fitting for our company, we have issued Form "C" to above material purchase From OGS

3 Answers  


Categories