CST Liabilitity payment adjust in VAT input

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..... Dear Sir/Madam I am working scarp company in Tamilnadu. I am purchase of scrap in CST Purchase and VAT Purchase. Sales in CST High with compare to VAT Sales. VAT Purchase in High so the Input ava .....

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..... ilable. CST Sales Liability adjusted in VAT Input is correct or not. CST Sales Liability for tax paid only. Clarified the any notification or circular given for future reference. - Reply By Prad .....

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..... eep Khatri - The Reply = Dear G Narayanan, You can avail the Input Tax Credit on purchase of goods within State and you may utilized this ITC to adjust the outward liability due to Intra State Sales .....

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..... and Interstate Sale. But there would not be any benefit of ITC available on CST purchase. Regards YAGAY and SUN (Management and Indirect Tax Consultants) - CST Liabilitity payment adjus .....

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..... t in VAT input - Query Started By: - G.Narayanan Ganapathy Dated:- 18-8-2014 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an exp .....

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..... ert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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