21 May 2010
Dear sir We are a vat dealer of petroleum products in Punjab.we are paying entry tax in Punjab. we are adjusting this entry tax against vat payable in Punjab.This month we have excess input vat. my query is this whether we can adjust this excess input vat(due to more entry tax paid)against CST payable & can carry forward the remaining input vat to next monthly return.
CAclubindia
