'C' Form
This query is : Resolved
Manasa Ranjan Samal
(Querist)
09 July 2010
Dear Sir,
I want to know that a company has charged 2% against Form 'C' in a bill to his buyer . Suppose the buying company did not give 'C' Form. Whether the selling company will charge balance 2% or total 4% of the Taxable goods.Then the procedure how to charge the tax to the selling company?
I want to know that a company has charged 2% against Form 'C' in a bill to his buyer . Suppose the buying company did not give 'C' Form. Whether the selling company will charge balance 2% or total 4% of the Taxable goods.Then the procedure how to charge the tax to the selling company?
CMA Ramesh Krishnan
(Expert)
09 July 2010
If the buyer is not giving C form seller has to right to charge local vat rate for that goods. that also balance only .as your query actul vat is 4 % he can charge only the balance 2 %. for one sales he cannot charge both CST & VAT together
RAMESH KUMAR VERMA
(Expert)
09 July 2010
IN VIEW OF ABOVE, I AM AGREE WITH SHRI CMA KRISHNAN JI.
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