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Cst

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(Querist)
11 May 2016 plz can anyone can solve my queries as per my point. for eg for vat we calculate vat payable = output vat - input vat. I just want to know that for CST also there is same treatment. for eg CST payable = CST on sales - CST on purchases
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Rupesh Jain

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Rupesh Jain (Expert)
11 May 2016 no, CST on purchase cannot set off agst cst liability.
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Murtaza I Bhagat

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Murtaza I Bhagat (Expert)
11 May 2016 ITC on purchase will not be able to set off against any VAT or CST Liability.
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