Can input vat be adjusted against sale against c form (interstate sale)?
This query is : Resolved
16 February 2015
If input vat is more than output vat then can it be adjusted against CST to be paid on sale.
16 February 2015
Yes Apoorv, you can pay CST Liability by utilising Excess Input Vat Credit.
Hope this solves ur doubt.
Hope this solves ur doubt.
23 February 2015
Yes, you can always set off excess ITC against CST liability.
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