01 March 2014
we are manufactures of paper chemicals in Andhra Pradesh. we received material from Jammu & Kashmir which we placed order as inclusive of freight. Now we would like to issue 'C' form for Basic Value of Material plus Central Excise Duty charged thereon only though freight is also paid to supplier in view of the definition of sale price of CST Act, 1956.
Please advise keeping in view of the latest legal status/judgements in this regard.