Cst credit?????
This query is : Resolved
10 April 2014
My company sold the gods as an interstate sale by charging CST in 2011
however in 2013 the same customer did not make the payment but our company had the liability to pay CST at the time of credit in 2011
Now in 2013 the same goods are returned as a sale return
Now my query is that whether we can get the credit for CST paid at the time of returns
Please mention the Section number being referred.
12 April 2014
time limit for sale return is 6 months. refer section 8(1)(b)(ii) of CST act.
if sale return is made within prescribed period, then only tax amount can be adjusted.
if sale return is made within prescribed period, then only tax amount can be adjusted.
19 April 2014
YOU CAN NOT GET BENEFIT OF GOODS RETURN
ONLY SOLUTION THAT YOU GET C FORM FOR 2011
AND NOW YOU MAKE PURHCASE FROM THAT PARTY AND ISSUE C FORM TO PARTY.
ONLY SOLUTION THAT YOU GET C FORM FOR 2011
AND NOW YOU MAKE PURHCASE FROM THAT PARTY AND ISSUE C FORM TO PARTY.
19 April 2014
Mr Jain, Query allready solved why you replying again on all queries?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- STCG....................................................
- Supply through E-commerce Operators
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Specified Profession
- SALE BILL AGAINST GOODS RETURN
- GST Registration Horse racing
- Plot of land. Cost of Acquisition
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
