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Non Receipt of C forms

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04 January 2011 Hi,

We have lot of pending C forms receivables from our Dealers (Buyers), so we have decided to raise Debit notes to all of them who have pending C forms for the F.Y.2008-09 & 2009-10.

So, the Debit Note amount would be the difference of CST amount.

Is there any additional Interest or penalty should i need to claim from them???? If Yes, please show me the calculations......

06 January 2011 interest at 1.25% oer month and penalty 10% on total amount.



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