Central sales tax return
This query is : Open
26 June 2014
Hi
My client has made CST sale against C form (2%) in the month of march 2013, but he got his VAT/CST registration in the month of April 2013.
Now he got C form from the parties to whom he made sale in March 2013.
Now what should we do while filling return-
we should include that sales in our April-june quarter or ignore it?
Please reply on urgent basis
My client has made CST sale against C form (2%) in the month of march 2013, but he got his VAT/CST registration in the month of April 2013.
Now he got C form from the parties to whom he made sale in March 2013.
Now what should we do while filling return-
we should include that sales in our April-june quarter or ignore it?
Please reply on urgent basis
27 June 2014
Basically your client is supposed to make CST sale only after CST registration. How he can bill without CST registration ? This is a fundamental over rule of the CST provision.
However, he is having only one option to declare the sale and get it accounted in Mar 2013. What ever tax collected shall be deposit to the commercial tax department along with the applicable rate of interest and penalty. By the way which state he belongs to ?
However, he is having only one option to declare the sale and get it accounted in Mar 2013. What ever tax collected shall be deposit to the commercial tax department along with the applicable rate of interest and penalty. By the way which state he belongs to ?
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
- About TDS & Income Tax
- PPF interest-As Exempt Income disclosure
- Scrutiny and reopening of past returns
- Pass word to open justification report for Q1 for FY 2026-27
- Section 194JA & JB Income which ITR Form to use
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- TDS on Rent received on redevelopment of building
- Tax on Deemed Capital Gain
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
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
