One of our dealer's has given a "C" form declaration net of tax , is it acceptable?
Roshan Correa (Financial Analyst) (29 Points)
01 May 2012One of our dealer's has given a "C" form declaration net of tax , is it acceptable?
krishna
(Student)
(71 Points)
Replied 01 May 2012
Roshan Correa
(Financial Analyst)
(29 Points)
Replied 01 May 2012
Thank you Krishna,
We have received it excluding tax that is, Invoice amt less Tax ,
I had a word with my dealer but he's saying his CA has given the certificate and say's it is correct as in any case 2% CST is appliacle on all C Forms so it does not matter that declaration is given with or without tax ,but i am of the opinion that declaration should be given for the invoice amount.
DEVI DAYAL
(ASSTT. MANAGER )
(29 Points)
Replied 20 September 2012
Dear sir,
1. I want to know about if we want to issue the form-c by department, which amount we take its basic amt or net (including everything).
2. If we have we have cancelled a c-form how to submitt in deptt & what is format & processor.
With Regards
D.d.
Sonu Kumar
(Account Manager)
(665 Points)
Replied 25 September 2012
C from Value will be gross invoce value including Value of Goods, Frieght Charges- if CST has charged on it, and CST @ 2%
CAclubindia
