banner_ad

Cst setoff

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 February 2014 WE HAVE VAT RECEIVABLE OF CURRENT YEAR AND WE HAVE PURCHASTE GOODS FROM SOME OTHER STATE AND PAID CST ON THEM.. SO WE CAN CLAIM INPUT TAX CREDIT ON CST PAID OR NOT..UNDER MVAT..

THANKS IN ADV
Profile Image

CA Deven

Profile Image

CA Deven (Expert)
11 February 2014 VAT credit can be utilised to set-off CST liability
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
11 February 2014 WE DONT HAVE ANY CST LIABILITY WE PURCHASE GOODS FROM OTHER STATE SO WE CAN GET INPUT SET OFF FOR THIS OR NOT..??
Profile Image

CA Deven

Profile Image

CA Deven (Expert)
12 February 2014 NO YOU CANT SETOFF YOUR CST CREDIT AGAINST YOUR OUTPUT VAT LIABILITY ....CST WILL BE COST TO THE COMPANY
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 February 2014 SIR WE DONT HAVE ANY VAT LIABILITY WE HAVE VAT RECEIVABLE THIS TIME...AND PURCHASED SOME CST GOODS...SO WE CAN ADD CST PAID IN VAT RECEIVABLE OR NOT..??

PLEASE REPLY SIR..
Profile Image

CA Deven

Profile Image

CA Deven (Expert)
12 February 2014 NO YAAR HOW CAN YOU CLUB VAT WITH CST
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
12 February 2014 SIR WE DONT HAVE ANY VAT LIABILITY WE HAVE VAT RECEIVABLE THIS TIME...AND PURCHASED SOME CST GOODS...SO WE CAN ADD CST PAID IN VAT RECEIVABLE OR NOT..??

PLEASE REPLY SIR..
Profile Image

Vishnu Saboo

Profile Image

Vishnu Saboo (Expert)
17 February 2014 NO, CST paid on purchases is not avilable for input tax credit.
Profile Image

CA Deven

Profile Image

CA Deven (Expert)
18 February 2014 Mr. Arun please explain this person yaar
Profile Image

Vishnu Saboo

Profile Image

Vishnu Saboo (Expert)
19 February 2014 Deven sir, i hope he is clear now.
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
19 February 2014 YAA...NW I GOT IT SIR...THANKS FOR UR VALUABLE SUGGESTNS...SO NW DONT WRY DEVEN SIR
Profile Image

Vishnu Saboo

Profile Image

Vishnu Saboo (Expert)
19 February 2014 welcome, its pleasure to help you
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


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
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
05 May 2026
Accountant

Sanjay K Pathak & Associates

Noida

Graduate (Any)

View Details
Company
02 May 2026
Experience Audit Manager

AGGARWAL SAMIR & CO

New Delhi

CA Inter

View Details
Company
04 May 2026
Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
06 May 2026
Account Assistant / Article Clerk

V.K. Ranjan & Co(Chartered Accountants)

New Delhi

B.Com

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details