Cst credit?????
This query is : Resolved
10 April 2014
My company sold the gods as an interstate sale by charging CST in 2011
however in 2013 the same customer did not make the payment but our company had the liability to pay CST at the time of credit in 2011
Now in 2013 the same goods are returned as a sale return
Now my query is that whether we can get the credit for CST paid at the time of returns
Please mention the Section number being referred.
12 April 2014
time limit for sale return is 6 months. refer section 8(1)(b)(ii) of CST act.
if sale return is made within prescribed period, then only tax amount can be adjusted.
if sale return is made within prescribed period, then only tax amount can be adjusted.
19 April 2014
YOU CAN NOT GET BENEFIT OF GOODS RETURN
ONLY SOLUTION THAT YOU GET C FORM FOR 2011
AND NOW YOU MAKE PURHCASE FROM THAT PARTY AND ISSUE C FORM TO PARTY.
ONLY SOLUTION THAT YOU GET C FORM FOR 2011
AND NOW YOU MAKE PURHCASE FROM THAT PARTY AND ISSUE C FORM TO PARTY.
19 April 2014
Mr Jain, Query allready solved why you replying again on all queries?
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