TMI BlogCST SALES RETURNX X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Experts, WE got our CST sales rejected matls after 2 years. Since it is more than 6 months we are not able to reverse the CST 2 percent paid amount, but we need to account in sales return. we ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... have accounted in sales return without reversing CST 2 percent . My question is whether we have to show this transaction in CST Return or Not? Since no CST is revresed. Please give your valuable repl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y Thanks regards Venkat - Reply By Pradeep Khatri - The Reply = Dear Venkat, You are statutorily required to show such rejected material in the Statutory Returns, though no benefit of tax would ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be available to you. If you do not incorporate in your CST Return, then, Department may treat it as purchases from unregistered dealers and may ask to pay the tax on such purchases. You would have ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to establish one to one correlation in this regard at the time of conducting VAT/CST assessment with documentary evidences. Regards, Team YAGAY SUN (Management Indirect Tax Consultant ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s) - CST SALES RETURN - Query Started By: - venkat eswaran Dated:- 18-6-2014 Value Added Tax - VAT-CST - Got 1 Reply - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an ex ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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