Dear All
As per TNVAT , Can CST(payable) be adjusted with Input tax credit which is available after adjusting output tax.kindly clarify immediately.
C.Balaji
(Learner)
(1867 Points)
Replied 05 February 2010
Mr.William
CST(payable) cannot be adjusted with Input tax credit which is available after adjusting output tax......
Cst @ specified rate should be paid and the Input credit of VAT should be cariied forward....
Analysis of 20 GST Notices (including 2 Appeals) and Practise on Drafting(with recording)
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
