Debit Note against CST
This query is : Resolved
23 March 2010
Dear Expert's
We have a manufacturing units of medicine in uttarakhand. We sale some products to XYZ in Bihar @1% CST against Form-C, but the party retun the some goods & issue us debit note and charged VAT @ 4%. My question it is right or wrong. please guide me clarify the same.
Thanks
KP
We have a manufacturing units of medicine in uttarakhand. We sale some products to XYZ in Bihar @1% CST against Form-C, but the party retun the some goods & issue us debit note and charged VAT @ 4%. My question it is right or wrong. please guide me clarify the same.
Thanks
KP
24 March 2010
Dear Kirparam,
The customer has to charge CST @ 1% only and not VAT 4%. Talk to the customer personally and ask him to re-issue the debit note for CST @ 1% as it is cst sale made @ 1% tax..even the debit note should be issued by him for 1% cst only.
The customer has to charge CST @ 1% only and not VAT 4%. Talk to the customer personally and ask him to re-issue the debit note for CST @ 1% as it is cst sale made @ 1% tax..even the debit note should be issued by him for 1% cst only.
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