Poonawalla fincorps
Poonawalla fincorps

use of input tax credit

This query is : Resolved 
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(Querist)
24 May 2016 can we will be use of input tax credit adjested against CST payable?
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Chintan B. Vasani (CA , DISA)

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Chintan B. Vasani (CA , DISA) (Expert)
24 May 2016 Dear Ankit,
Input credit can not be utilised to pay CST Liability.
You can not utilise any credit to pay CST liability. However only VAT refund amount can be adjusted against CST liability.
Thanking You.
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Rupesh Jain

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Rupesh Jain (Expert)
24 May 2016 yes, for that you have to see your sales tax act, in haryana if you have local input can use for CST payment.
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