Logic behind allowing VAT Credit against payment of CST and not allowing credit of CST.
Most of the VAT legislations in India do not allow the set off of CST Paid against their output tax. But at the same time, these legislations allow set off of Input Tax credit against the CST due. As a common man, a question may arise why this is not allowed vice-versa. The reason is […]
Logic behind allowing VAT Credit against payment of CST and not allowing credit of CST. Read More »