REGARDING VAT & CST
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 March 2011
WE ARE IN UP BASED FIRM. (GHAZIABAD)
DEAR SIR,
PLEASE SOLVED MY QUERY.
LOCAL PURCHASE 20,000.00
VAT RECEIVABLE 800.00
LOCAL SALE 5,000.00
VAT PAYABLE 200.00
CENTRAL SALE 8,000.00
CST PAYABLE 160.00
ITC CLAIMED: -
VAT R/C 800.00
LESS VAT PAYABLE 200.00
LESS CST PAYABLE 160.00
CLOSING BALANCE 440.00 C/F NEXT MONTH
SIR, IT'S RIGHT OR WRONG.
IF WRONG THAN SEND ME WRITE CALCULATION
CAN WE AVAIL CST PAYABLE AG. VAT R/C
REPLY SOON WE WILL HAVE TO PREPARE MONTHLY SALES TAX RETURN.
DEAR SIR,
PLEASE SOLVED MY QUERY.
LOCAL PURCHASE 20,000.00
VAT RECEIVABLE 800.00
LOCAL SALE 5,000.00
VAT PAYABLE 200.00
CENTRAL SALE 8,000.00
CST PAYABLE 160.00
ITC CLAIMED: -
VAT R/C 800.00
LESS VAT PAYABLE 200.00
LESS CST PAYABLE 160.00
CLOSING BALANCE 440.00 C/F NEXT MONTH
SIR, IT'S RIGHT OR WRONG.
IF WRONG THAN SEND ME WRITE CALCULATION
CAN WE AVAIL CST PAYABLE AG. VAT R/C
REPLY SOON WE WILL HAVE TO PREPARE MONTHLY SALES TAX RETURN.
01 March 2011
Very first it is requesting you to avail information to us about your place of business coz, VAT is state concern .
Further more CST payble can't be adjusted toward the input credit on VAT
You should paid you CST due within due date and can avail VAT credit in next month
Thanks
Further more CST payble can't be adjusted toward the input credit on VAT
You should paid you CST due within due date and can avail VAT credit in next month
Thanks
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
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- TAN for Partnership
- Treatment of Pension ?annuity returns on PMVY
- Sales return eway bill
- Free lancer income
- STCG FOR GOLD ETFs
- Loan by Partnership Firm
- Specified Profession
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- 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
