Central sales Tax
This query is : Resolved
05 October 2007
Can any adjustment be made in the ledger Accounts against CST paid on purchase & recived on Purchase.
Ravikumar.G
(Expert)
05 October 2007
I could not understand your question. Can you please repeat that question.
06 October 2007
No, adjustment of CST is not allowable.
CST paid is saperate from CST Recoverd(Deducted)
CST paid is saperate from CST Recoverd(Deducted)
CA. O.P. Agarwalla
(Expert)
19 November 2007
CST Paid on purchases is expenses. CST collected or to be collected on sales is statutory liability. No adjustments.
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