banner_ad

Central sales Tax

This query is : Resolved 
Profile Image

Profile Image

(Querist)
05 October 2007 Can any adjustment be made in the ledger Accounts against CST paid on purchase & recived on Purchase.
Profile Image

Ravikumar.G

Profile Image

Ravikumar.G (Expert)
05 October 2007 I could not understand your question. Can you please repeat that question.
Profile Image

CA. Dashrath Maheshwari

Profile Image

CA. Dashrath Maheshwari (Expert)
06 October 2007 No, adjustment of CST is not allowable.
CST paid is saperate from CST Recoverd(Deducted)
Profile Image

KAAPIL

Profile Image

KAAPIL (Expert)
12 November 2007 Thanks
Profile Image

CA. O.P. Agarwalla

Profile Image

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.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details
Company
14 May 2026
Senior Associate

ABHISHEK SHANKAR AGARWAL & ASSOCIATES

Kolkata

CA

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
14 May 2026
ICSI Trainees for 21 Months and Semi-Qualified CS

CMNITY HIRE

New Delhi

Others

View Details