Cst conditions
This query is : Resolved
19 November 2014
I want to know that I made a purchase from other state. vendor has calculated cst 12.50% & 5% both on invoice. so it is possible to charge both the taxes in one invoice? if yes so what should be conditions of doing this.
19 November 2014
Dear Kush, If u want to do purchase against form "C" it would be 2% , other wise full rate of tax applicable on the item.
19 November 2014
Yes,12.5% and 5% can be charged in one invoice itself.But the amounts for which different rates are applicable are to be shown separately. If you can issue a 'C' form only 2% will be applicable for all goods....mjk
22 November 2014
yes both rate charge for that calculation Column will show separately on the invoice.
you can but against C form then you have to pay 2%
you can but against C form then you have to pay 2%
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
