Cst set off against cst payble

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2012 Sir,

we have purchased against "C" form. this CST amount will be set off VAT or CST payable.

regards
Srinivas

24 July 2012 The credit of payment of CST in purchases is not available for adjustment.

24 July 2012 CST paid in inputs cannot be adjusted against the CST payable.

24 July 2012 No you cant adjust with cst payable.

07 December 2012 CST is not adjustable. The set-off/adjusting provision is available in GST (Goods and Service Tax) and the Union Government is planning seriously to introduce it shortly.


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