Cst output tax paid and adjust with vat

maharaj (accountant) (165 Points)

07 January 2012  

Dear All

              I have one question if you help me to understand the topic.

Last quarter(July'11 to SEP'11) I have submitted VAt/CST return  and at that time CST OUTPUT TAX @ 2% Rs3600/- of CST sale submied by challan and also submitted in CST return.

Now this quarter(oct'11 to Dec'11) I want to adjust CST paid(R.3600/- last qrt) with VAT for this quarter month of OCT. For this quarter Input Tax>Output Tax and i.e. Rs.300/- . Should I adjust this amount in W.B. VAT FORM-14 in 41(a) column which has input tax adjustable under central sales tax act,1956.?

If not possiable as per above way then  please give me idea if there any solution to adjust Rs.3600/-.

Thanks in Advnce