reversal of input tax credit, VAT + CST

[ramesh meyyappan]

We  have a sales and raw material purchase from interstate. If Scrap  is more in the interstate sales, then  how i will go for reversal mechanism? Whether it is applicable or not

Posts / Replies

[Pradeep Khatri]

Dear Ramesh,

Sales Returns are allowed within six months from the date of sale in VAT/CST laws.

Regards

Team YAGAY & SUN

(Management & Indirect Tax Consultants)