I have collected CST of Rs.2729 & Paid CST of Rs.3876. So in CST return should i consider Rs.3876 or should i have to pay Rs.2729? What to should be my liability?
3 Replies
neeraj
(CA)
(930 Points)
Replied 30 April 2012
No credit of CST is available hence pay 2729 collected from customer and pay 3876 from whom u purchased goods. and dont consider 3876
Rashid Imam
(Officer (Indirect taxation))
(296 Points)
Replied 01 May 2012
You have to pay whatever you collect from other, your liability is Rs. 2, 279 /-
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