On which value should i receive form "c" ????
This query is : Open
10 March 2015
A single invoice was raised to party which issued forms "C" of FY 14-15 Quarter_III, where invoice is as below:-
Assessable Value : 150000/-
Cst 2% : 3000/-
Total Value : 153000/-
Party has issued Forms "C" on 150000/- which is short Rs : 3000/- of invoice amount. Should I ask form "C" of Rs : 3000/- more????
Assessable Value : 150000/-
Cst 2% : 3000/-
Total Value : 153000/-
Party has issued Forms "C" on 150000/- which is short Rs : 3000/- of invoice amount. Should I ask form "C" of Rs : 3000/- more????
10 March 2015
The C Form should be issued for the whole amount of the invoice including the CST amount. In your case, you should ask the party to cancel the C Form of Rs. 150000 & to issue a fresh C Form for Rs. 153000.
10 March 2015
C Form should be on sales amount only. CST value (Tax) will not be included in C form value
10 March 2015
Gaurar sir, both the comments are different. I m confused.
10 March 2015
If you have the C Form, you will clearly see that there is a column separately for the CST amount.
10 March 2015
I have some "C" forms where there is column of CST amount but some are manual C forms. Above party has issued me a manual C form. It means I'll have to ask for another C forms of Rs: 3000/-
10 March 2015
In manual C Forms also, the party should mention the invoice value & CST amount separately.
10 March 2015
Yes. It is as you said. I m gonna ask another form "C" for short amount.
Thanks a lot
Thanks a lot
10 March 2015
Rather than asking for C Form for the short amount you should return the C Form that you have received and ask for a fresh C Form.
10 March 2015
Gaurav sir, I have submitted it to Sales Tax Dept otherwise It would have already been returned to Party.
12 March 2015
'C' form has to be issued on total value indicating sale value and sales tax thereon. Hence you have to ask to the party to provide another 'c' form for Rs.3000/-
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