Cst payable

398 views 3 replies

Dear all,

The company for which i am currently doing audit has two types of CST payable:

1. On concessional rate @ 2% by submitting C forms

2. On normal rate @ 14.5%

My question is can vat input credit availed from purchases be adjusted against the cst payable? if so then please provide an explanation.... urgent rply needed

Thanks in advance

keerty

Replies (3)

Yes VAT input credit availed can be utilised for payment of CST output tax liability.

Thank you for the reply sir. Can input credit be availed against concessional cst payable also?
 

yes there is no restriction as to adjustment..... 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details