Please let me know that CST @ 2% can be adjust with ITC @ 4%, 5%, or 12.5%.
CA SALONI
(CHARTERED ACCOUNTANT)
(391 Points)
Replied 01 May 2012
anshuman ji, CST payable can be adjusted against any ITC, classification doesn't matter.
Mihir Doshi
(B.Com, CA, CS, LLB)
(2187 Points)
Replied 02 May 2012
M.K.AGGARWAL
(TAX CONSULTANTS)
(232 Points)
Replied 04 May 2012
Yes,CST Payable can be adjusted with ITC.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
