can we have benefit of CST in VAT (Haryana). explain?

Answers were Sorted based on User's Feedback



can we have benefit of CST in VAT (Haryana). explain?..

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

can we have benefit of CST in VAT (Haryana). explain?..

Answer / surinder kumar

As Per Vat act no CST Benefit in Haryana

Is This Answer Correct ?    5 Yes 0 No

can we have benefit of CST in VAT (Haryana). explain?..

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

Post New Answer

More Taxation Interview Questions

WHAT IS THE PROVISION OF INCOME TAX, SELF ASSESSMENT TAX AFTER AUDITING GIVE THE EXAMPLE WITH ENTERY

0 Answers  


What is the difference between vat scrutiny and vat assesement,what is required document for both.

3 Answers  


My Total CTC is 12500(not gross salary), i am living in Mysore(non-metropoliton city) what will be the take home salary after deduction? thanks in advance.

0 Answers  


I had purchased a plot in Nov. 2002 for Rs 18lacs and spent about 20Lacs on its construction. Property is jointly owned by me with my husband in the ratio of 1/3:2/3. I am selling this property for 3cr. How much capital gain I/we have to pay? And can it be set off by purchasing new residential property? If so, can we purchase two separate residential properties, one in my name and one in the name of my husband, which could cover the capital gain amount. Can we do so or it is only purchase of one residential property against which capital gain can be set off. Please clarify.....

0 Answers  


Please provide me the % of T.A. D.A. H.R.A. BASIC .

1 Answers   OPI Global,






One c form issued by the ETO was found misplaced.Kindly advise the procedure for reissuing .

1 Answers  


how to calculate and submit to the concerned authority of pf,esi,pt. explaine?

0 Answers   Visa Steel,


Entry Tax paid for Car purchased Rs.800000 and this amount may adjust to VAt payable. Noted that we are filing vat return on the compound basis.

1 Answers  


what is exice duty-mening,heads,rates for 2008-09 year,procedure,when it is filled,complete information about exice duty?

0 Answers  


if the sales are completely credit based(6 months)..how can we enter in the current month VAT 200 form?

1 Answers  


is there easy guide for the latest India tax & accounting information for 2010?

0 Answers   Hewitt,


what is the rate of TCS tax?

5 Answers   TCS,


Categories