Can we adjust VAT liablity against CST or CST liablity againt VAT if yes
1) What to do if inpute credit is more than outpute
Pradeep Sharma
(student)
(114 Points)
Replied 23 January 2010
no we can not adjust vat with cst bcoz vat is lvied at state level & cst is at central level
Mitali Agarwal
(Company Secretary)
(638 Points)
Replied 23 January 2010
Yes we can adjust the CST paid against VAT Credit but vice versa is not possible.
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