13 May 2014
Kindly intimate whether form 'c' can be issued to supplier/ customer for taxable amount or gross amount. For your information some supplier want the form c for gross amount, we are issue form 'c' in taxable value but they are not accept the form 'c'& return the form for gross amount.Kindly inform us whether the form 'c' issued to supplier for taxable amount is correct or wrong
Form C is always issued on invoice value i.e. including CST Amount.
As you can take the stand of Rule 12 in which it is written that C-form contains all particulars of trnsactions of sale in a quarter & sale price always includes the amount of TAX.If you see particulars of C-form it always ask about Bill details not any details about taxable value.
CAclubindia
