CST Act

This query is : Resolved

Manish Aggarwal (Querist)
Follow

15 July 2011 What is Tax liability if 'C' Form received amount is less by 1000/- than actual Central Sale amount. Wheather we have to deposit Additional CST on balance Rs.1000/-with interest or the C form can be rejected by the Assessing Authority and ask for Addl. CST on Total CST Sale with interest

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
Follow

15 July 2011 Mr M Agerwal :
In the 'C' form the invoice #, date and other particulars will be mentioned and,therefore ,the mistake can be ignored or he can accept the form for the amount given in it i.e.less by Rs1000/-.It would not be legal to reject the 'C' form entirely.At the most, you have to pay additional tax on Rs1000/- only.
MJK

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

ATUL MAKWANA

seshachary

Rameshkumar Jain

suresh kotte

Mitesh

Subscribe Now

CST Act

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Accountant

GST CONSULTANT

Article Assistant

Manager- Finance and Compliance

GST CONSULTANCY

CA Final