Check sibling questions

Suppose a dealer purchases goods from outside state and sells within state

 

 

Purchase

C LTD
Purchase 50000
Cst 2% 1000
  51000

Sales

Y LTD
Sale 60000
Vat 12.5% 7500
  67500

What is VAT/CST Payable

View Answer

 

 

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Davneet Singh

Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 12 years. He provides courses for Maths and Science at Teachoo.