Hi,
My client is in NAV 2009 SP 0. The following are the figures for April 10-
Output VAT - Rs 1000
Input VAT-Rs 3000/-
CST Payable- Rs 500/-
When I am running VAT settlement then Output VAT and Input VAT is getting adjusted and Rs. 2000/- is being taken to “VAT excess C/F A/c” as it is in the set up.
Though the CST Payable is not adjusted with “VAT excess C/F A/c”.
Please explain why it is happening and what is the solution.
Thanks & with regards,