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
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