Dear Sir,
Could you please tell us whether ST Input can be adjusted towards ST Payable for that month or not?
And Kindly explain the procedure of ST Return filing.....
Thanks in Advance.........
Sainath
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Can we adjust the st input against out st payable ?
Replies (1)
Yes you can avail input ST to pay Output ST. It is known as cenvat credit.
for filing st return you need to file st3. Detailed descripttion is provided on www.aces.gov.in
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