31 December 2013
i have the following query regarding vat audit: In the f.y. 2012-13,one of my client has made one CST sale @2 %. but now client is not going to that C form ,and client is ready to pay the differential amount i.e.3% with interest. but in this case there is already vat refund,can i adjust this liability against vat refund,and can i consider CST 2% sale as CST 5% by revising the VAT & CST return. PLEASE HELP ME AS SOON AS POSSIBLE
CAclubindia
