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Cst set off against cst payble

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 July 2012 Sir,

we have purchased against "C" form. this CST amount will be set off VAT or CST payable.

regards
Srinivas
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Suresh Mittal

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Suresh Mittal (Expert)
24 July 2012 The credit of payment of CST in purchases is not available for adjustment.
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Ki$hor B

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Ki$hor B (Expert)
24 July 2012 CST paid in inputs cannot be adjusted against the CST payable.
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SANYAM ARORA

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SANYAM ARORA (Expert)
24 July 2012 No you cant adjust with cst payable.
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RENGARAJ R.K

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RENGARAJ R.K (Expert)
07 December 2012 CST is not adjustable. The set-off/adjusting provision is available in GST (Goods and Service Tax) and the Union Government is planning seriously to introduce it shortly.

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