Can VAT recoverable be setoff against CST payables?
If yes, Can you provide me with some notification?
Menu
Help me out plz!!!!
Replies (3)
No. VAT IS A STATE LEVY AND CST IS A CENTRAL LEVY THEREFORE NO SETOFF IS POSSIBLE.
CORRECT ME IF I MWRONG
Dear Rahul,
I am also having the same opinion. But I am not able to find any notification for the same by any govt. authority and nither it is mentioned in VAT act. If you have any such notification olease provide me with that.
Please provide me decision regarding the order by the high court (allahabad) in the subject of jobwork (form F) in the case of A.C.P.L .
Recent Topic
- Reporting STCG on non equity oriented MF
- Section 54F exemption for buying a plot
- My client missed to file ITR 3 for AY 25-26
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
Related Topics
CAclubindia
