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 Threads
- Exports against INR PO payable by Domestic Company
- Which websites are best for government exam prepar
- TDS on maturity payment of LIC of india
- ITR2 Gold ETF short and long term
- Query under faceless assessment
- Purchase of business
- Refund of ITC for advance paid to overseas supplie
- Clubbing query (when gifts given to multiple fami
- Transfer Pricing Audit Upload Form 3CEB - Income T
- Only a Few Pages Indexed by Google Despite Sitemap
Related Threads
CAclubindia
