Cst no
RAKESH KUMAR SINGH
(Querist) 06 December 2014
This query is : Resolved
Dear sir
Iam registered paint supplier in uttar pradesh . i have tin no i got a order to supply paint in BIHAR but i have not CST registration.
please tell me the procedure and tax difference currently it is 12.5% vat and 1% cess
Anirudh
(Expert) 07 December 2014
You will not be able to avail the entire 12% VAT paid by you in Bihar. As you are making inter-state sale to the State of U.P. you may have to make proportionate input-tax reversal as per formula given in the Bihar VAT Rules. You will not be able to indicate your turnover etc., in this website for obvious reasons, without which it will not be possible to estimate the input-tax reversal that may you have to do.
Therefore, consult your nearest VAT Tax expert in your locality and act after discussing with him.
malipeddi jaggarao
(Expert) 09 December 2014
Consult Sales Tax consultant as advised by experts.
T. Kalaiselvan, Advocate
(Expert) 10 December 2014
Thus, as advised by experts, you may be properly advised by a local tax consultant on the issue involved in your query.
