C.S.T.
This query is : Resolved
Badal Paswan
(Querist)
28 January 2011
Dear Sir,
We purchase under CST Act some goods the bill value was - 100000/-, but due to some defective i got a credit note for Rs. - 5000/-. my question is that how much value i use to issue a 'C' form is it for Rs. - 100000/- or Rs. - 950000/-.
We purchase under CST Act some goods the bill value was - 100000/-, but due to some defective i got a credit note for Rs. - 5000/-. my question is that how much value i use to issue a 'C' form is it for Rs. - 100000/- or Rs. - 950000/-.
28 January 2011
You should use RS. 1 lakh in Form C , Assessing authority match the invoice value.
CMA Ramesh Krishnan
(Expert)
29 January 2011
My view, in CST goods return allowed with in 6 months. so he can issue Rs,950000
B R Ramesh
(Expert)
29 January 2011
Hi
yes
you need to issue the C form only for Rs 95000/- 0nly.....(since you are having the Credit Note)
yes
you need to issue the C form only for Rs 95000/- 0nly.....(since you are having the Credit Note)
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