If the purchaser did not submit form "c" while purchase from
outside state, and he charged for 12.5 % vat, then can he
claim input credit for Rs. 12.5 % ?
Answer Posted / taxbeginner
Hi,
If the purchaser did not submit Form "C" declaration then
CST without Form C is applicable in this Transaction and
Seller state VAT rate for the commodity will be applicable
rate.
In the above Transaction only VAT Rate is applicable and
the Transaction still remains in the purview of CST Act and
hence no ITC can be availed.
| Is This Answer Correct ? | 10 Yes | 0 No |
Post New Answer View All Answers
can we purchase software agaist Form under In the telecommunications network; or
Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?
What are the basic and additional conditions for resident and ordinarily resident (ror)?
I am working in footwear company at Himachal Pradesh. we want to send raw material - (leather) for Job work our other branch. now my question is that will have we any permission taken from excise & sale tax deppt.
please explain what is actually E-15 what is its process and also what its importance.
WHAT IS COMPOSITION RATE IN Andhara pradesh SALES TAX?
How To Calculate Gross Sales for vat return -15
How to make fdr entry in tally software i dont understand. when fdr open from bank and after work and interest it get closed. i want to understand how to make ledger of that and full details please help me
anybody pls tell me about the service tax
WCT charged on firm or on proprietor?
what is CST % applicable on garments sales to other state?
we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?
Dear Sir, Regarding for WCT, IF FORM DVAT-43 MADE FOR DELHI STATE.So Is there any Form availabe for Haryana State. Would request you to please let know Answer in Yes or No or which form is available for HR State If do you have any kind of list for same please have suggested me.
How can deduct tds from auction cases (timber)
How can I Return CST Form-I