TaxTMI 
TaxTMI 
Sir,
Please advice
Input DVAT adjusted with CST Paybale, if not given notification no & dated .
Input DVAT
12 Feb 2013 
1 Reply 
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Input tax credit adjustment allowed against CST but requires proportionate reversal where concessional rates apply.
Adjustment of Input Tax Credit against Central Sales Tax liability is permitted, but where sales are made under a concessional rate scheme the dealer must reverse the proportionate share of input tax credit attributable to those concessional sales under DVAT provisions. (AI Summary)
Adjustment of Input Tax Credit against Central Sales Tax liability is permitted, but where sales are made under a concessional rate scheme the dealer must reverse the proportionate share of input tax credit attributable to those concessional sales under DVAT provisions. (AI Summary)