Vat adjustment

CA Rohit Garodia (CA) (49 Points)

03 January 2013  

Dear All Experts,

I want to ask that if we adjust CST payable with excess VAT input and we have not filed cos. VAT and CST return for that month or for that quarter so the amount of CST payable what we are adjusting we should charge interest on the amount of CST payable for the delay in filing return and then adjust with VAT input?