23 April 2009
Can the CST payable for a period be adjusted against the Excess Input Credit available after adjustment of output VAT? If yes, plz let me know the relevant section under CST Act.
24 April 2009
CST payable can be adjusted against Excess Input Credit of Vat. If you go through the central sales tax return form,adjustment is allowed at item no.14.Likewise you refer item no.R9.3 in DVAT-16.
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