can we have benefit of CST in VAT (Haryana). explain?
Answers were Sorted based on User's Feedback
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 |
why direct tax to choose as a field for the career?
what is the last date of return filling,payment of tds, professional tax,service tax, income tax, ESI,FBT for consultancy firm?
How should the personal assets of a salaried employee be shown in his books of accounts ?
if my salary is 21855 per month for finicial year april 2011- march 2012 what tax will be deduct
for whom it is paid? what is the percentage for thta
for the deduct of tds on rent including service tax or not
Pls advise if a client pays us - Rs. 3,43,00 after deducting 2% TDS 7000 on 3,50,000/- and our Invoice is Rs. 3,30,000/- then how we pas entry of the difference amount Rs. 20,000/-
can we take credit under service tax of services taken after 6 to 7 months?
How to Calculate Vat?
What is the VAT on Gold?
what is the deffnation of stt ? and how many rate of stt?
2 Answers ABC, ICAI, Master Marts,
procedure to vat assessment?