input credit of VAT
This query is : Resolved
23 April 2009
1)
whether CST which, paid on purchase of goods, can be claimed against VAT output..
2)whether input CST is eligible against output CST
pl. explain in detail...
whether CST which, paid on purchase of goods, can be claimed against VAT output..
2)whether input CST is eligible against output CST
pl. explain in detail...
23 April 2009
Hi
CST paid on Purchase cannot be adjusted for payment of Output VAT/CST.
However credit of VAT can be taken for payment of CST if left out after adjustment of Output VAT.
Also see this link for more info.
https://www.caclubindia.com/forum/message_display.asp?group_id=12628
CST paid on Purchase cannot be adjusted for payment of Output VAT/CST.
However credit of VAT can be taken for payment of CST if left out after adjustment of Output VAT.
Also see this link for more info.
https://www.caclubindia.com/forum/message_display.asp?group_id=12628
24 April 2009
good explained
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