05 November 2014
My client had paid more amount of CST then what was payable.And secondly the amount was shown under Net amount Refundable head as there is no option to carry forward excess CST paid.
For eg:- In month of July there was CST payable of Rs 1,50,000/- and CST actually paid was Rs 2,00,000/-. Balance 50,000 was shown as Net amount Refundable.
In month of Aug, if there is CST payable of Rs. 1,00,000/-, can Rs 50,000 be set off against such amount payable?
If yes where to show the amount of Rs. 50,000/- in Form 3B?
06 November 2014
But as per my observation there is no such option in Form 3B. Can you please show me the head under Form 3B where the excess amount paid can be shown so that I can adjust last month excess paid CST in current month.
CAclubindia
