I am working in a trading firm. My CA always calculating like:- AFTER CALCULATION OF SALES TAX CST PAYABLE-4000.00 VAT REFUNDABLE:- 6000.00 HE DO LIKE CST ADJUST 4000.00 AND VAT DEMAND FOR REFUND OF Rs. 2000.00
IS IT RIGHT WAY OR WE SHOULD PAY CST SEPRATELY AND DEMAND FOR VAT REFUND SEPRATELY.
CAclubindia
