05-19-2011, 01:08 AM
Dear Forum member
As per my understanding output tax charges to unregisterd supplier @ 4 % is not adjustable against input tax @ 17 % .
It is evident from April 2011 return that 4 % output tax is adjustable against 17 % input tax and col no 22 shows the diff of output and input.
Should I deposit the diff amnt in the next month or follow the same practise and prepeare a sales tax challan full amount of 4% without input adjustment. I need ur comments.
As per my understanding output tax charges to unregisterd supplier @ 4 % is not adjustable against input tax @ 17 % .
It is evident from April 2011 return that 4 % output tax is adjustable against 17 % input tax and col no 22 shows the diff of output and input.
Should I deposit the diff amnt in the next month or follow the same practise and prepeare a sales tax challan full amount of 4% without input adjustment. I need ur comments.
