C form under cst act
This query is : Open
10 September 2014
In Maharashtra C form has to apply in described form with details of every invoice.
My question is as follows
M/s X is from Gujarat & M/s Y is from Maharashtra.
M/s Y purchased material form M/s X @ 2% CST
between Feb 14 & Mar 14. Accordingly M/S Y had issued C form to M/s X.
Now in Apr 14 some material has been returned
Also between Apr 14 - Jun 14 materials also purchased form M/s X. How can we issue C form
In C form application we have to mention invoice wise details & in return we have to shaw net effect of Inter state purchase. As in our case we have mentioned inter stat purchase after deducting value of goods returned. plz guide us what to do how can we issue C form in Apr 14 Jun 14
My question is as follows
M/s X is from Gujarat & M/s Y is from Maharashtra.
M/s Y purchased material form M/s X @ 2% CST
between Feb 14 & Mar 14. Accordingly M/S Y had issued C form to M/s X.
Now in Apr 14 some material has been returned
Also between Apr 14 - Jun 14 materials also purchased form M/s X. How can we issue C form
In C form application we have to mention invoice wise details & in return we have to shaw net effect of Inter state purchase. As in our case we have mentioned inter stat purchase after deducting value of goods returned. plz guide us what to do how can we issue C form in Apr 14 Jun 14
10 September 2014
For every invoice and goods received 'C' form has to be issued,quoting the invoice amount,date,No,name of supplier etc.Return of goods are declared separately on the basis of debit/credit notes.They are also shown in the returns of respective months reducing the total liability.Original invoices of returned goods need not be changed or mixed up....mjk
Message likes :
1 times
12 September 2014
Sir
Thanks for reply. My question is that while issueing Form dept is checking amount mentioned in return with c form application. So while filling of return we have to shaw inter stat purchase after goods return. So naturally amount is return in lesser then amount of C form application. As goods return within six months can be taken for effect so in my case how can i convince the dept
Thanks for reply. My question is that while issueing Form dept is checking amount mentioned in return with c form application. So while filling of return we have to shaw inter stat purchase after goods return. So naturally amount is return in lesser then amount of C form application. As goods return within six months can be taken for effect so in my case how can i convince the dept
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
