Excess Sales Tax paid, VAT + CST

[PONNADA B K RAVIKUMAR]

Dear Sir, We paid excess local sales tax for the year 2004-05, and we debited to Sales tax paid, now we got the refund , so which account we have to give credit, sales tax paid or other income. Pls confirm sir

Posts / Replies

[suresh joshi]

plese credit to refund of sales tax account in other income