Cst / c form

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Deepak Gagrani (Querist)
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26 September 2012 Dear all

my query is we issue a purchase order to party & party give bill less than po value & we book the same & our adjust amount pending for sattlement.

but we ask with aprty for recovery of payment of differance amount. party say our bill amount is same with po & send one copy for referance.

1, party charge cst on bill & bill realted to 2011-12 & what we do for differance amont & Cst value difference generate

i want query in case of rate differance like po rate 100 rs party chagre 95 & agian party chage bill rs 100 ( we book at rs 95 + tax ) in year 2011-12 & now 2012-13 & sattlment req in 2012-13

2, in current year what treatment we do
3, all details we put in sales tax return so give me suggestion

ACMA Obulirajan R

ACMA Obulirajan R (Expert)
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26 September 2012 Dear Deepak,

Purchase order is just like an indent to the seller to sell the material as per the terms & condition mentioned in the PO.

Lets put your query like this..

ACMA Obulirajan R

ACMA Obulirajan R (Expert)
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26 September 2012 You gave PO to purchase 10 nos of mobile @ the agreed rate of Rs.100 per mobile + tax. So your PO value is
10*100 = 1000
+ tax 2% = 20 CST
PO Value = 1020

Now, if the supplier sends only 9 qty then the invoice value would be

9*100 = 900
+tax 2% = 18
Total = 918

ACMA Obulirajan R

ACMA Obulirajan R (Expert)
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26 September 2012 There is a difference between PO value and invoice value due to lesser qty supplied by the supplier.

Lets come to your query

You can either ask the supplier to supply the balance qty i.e. 1 no and make full payment as per the PO or you can make payment only for the invoiced/received qty and issue the C form..

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