CST Credit against VAT
Shan Antony (Industrial Trainee) (243 Points)
25 February 2011
Can we set off CST input credit against VAT output tax due in any of the states in india?
Shan Antony (Industrial Trainee) (243 Points)
25 February 2011
sundaresan
(partner)
(288 Points)
Replied 25 February 2011
No. We cant take input of CST.
| Originally posted by : Shan Antony | ||
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Can we set off CST input credit against VAT output tax due in any of the states in india? |
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Devendra
(Chartered Accountant)
(4775 Points)
Replied 25 February 2011
CST Input credit cannot be deducted while calculating the VAT Liability.
Regards,
Devendra K
U S Sharma
(glidor@gmail.com)
(21056 Points)
Replied 25 February 2011
NO input credit for CST purchase.
Tehsinkhan Pathan
(CA CMA DISA(ICAI) B.COM)
(3956 Points)
Replied 25 February 2011
ON INPUT CREDIT OF CST AGAINST VAT LAIBILITY.................BUT YOU CAN TAKE CREDIT OF VAT AGAINST CST PAYABLE.....................
CAclubindia
