for which amount C form is Issued?

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Hi!

for which amount C Forms is issued :

suppose 'A' purchased Goods from B for Rs. 10400 (total Bill amount) against C Form, in which Rs. 200 for CST & Rs. 200 for freight.

for which amount A will issue C form to B.

 

plz reply at the earliest

 

thanks

 

 


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Originally posted by :MOHIT
" Hi!
for which amount C Forms is issued :
suppose 'A' purchased Goods from B for Rs. 10400 (total Bill amount) against C Form, in which Rs. 200 for CST & Rs. 200 for freight.
for which amount A will issue C form to B.
 
plz reply at the earliest
 
thanks
 
 
"


 

 
Reply   
 


ACCOUNTS MANAGER



Originally posted by :Guest
"


 

Hi.

           C-form has to be issued total value of  the bill amount



Originally posted by :MOHIT


"
Hi!
for which amount C Forms is issued :
suppose 'A' purchased Goods from B for Rs. 10400 (total Bill amount) against C Form, in which Rs. 200 for CST & Rs. 200 for freight.
for which amount A will issue C form to B.
 
plz reply at the earliest
 
thanks
 
 
"




 

"


 

 
Reply   
 
Manager-Accounts



Normally C form is issued for Bill amount, however while calculating the sales tax payable amount, the Assessing office consider only taxable amount part of the form received


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The Possibilities are Infinite...


c form amt would be basic bill amt only . Thus sales tax amt or packing , transportation or other charges are excluded .However if Sales tax is inclusive and transportation or any chg are inclusive of sale price then C form will be issued by bill amount.


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(Guest)

is there any rule defined in the Central Sales Tax act, that for which amount, C form has to be issued.We need the defination as mentioned in the rules.Some parties charges basic value + CST + freight.Sales Tax authorities are giving c form for basic value only,whether it is correct ,because parties are demanding  C form for full value including cst amount, freight etc.

 
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cwa



c form issued for amount +excise duty + cesses+ freight charged before charged cst ...

freight charged after cst not included..


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Accountant



Originally posted by :

Hi Myself Anjali, I need help coz i am issuing C-form on Net amt (Example: Purchase Total Bill Amt Rs.264720/- Including Excise Duty Rs.24720/- ) I am issue C-form on Amt Rs.240000/- Is it correct or Wrong. If Wrong How i change or issue diffrance amt. Plz Help..............
 
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Junior Officer Accounts


Hi anjali you should include excise duty while issuing form C, Form c is issued at the amount on which cst is calculated. suppose if the basic value is rs 100 excise duty 10 rs cst 2 rs than you need to issue c for m on 110 rs only

 
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student



Agree with Alok.

 

 
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