C.S.T.

This query is : Resolved 

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/-.

28 January 2011 You should use RS. 1 lakh in Form C , Assessing authority match the invoice value.

29 January 2011 My view, in CST goods return allowed with in 6 months. so he can issue Rs,950000

29 January 2011 Hi

yes
you need to issue the C form only for Rs 95000/- 0nly.....(since you are having the Credit Note)


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