wHAT IF A PARTY AFTER RAISING A INVOICE AGAINST C FORM DOESNT ISSUE ONE?
IS THE DIFFERENCE CAN BE PAID AND SET RIGHT?
IF YES WHAT IS THE PROCEDURE, IF NO WHAT IS THE SOLUTION?
THANKS IN ADVANCE
3 Replies
Vijay K. Agrawal
(Service)
(608 Points)
Replied 03 December 2008
NOTHING,
SINPLY YOU HAVE TO PAY DIFFERENTAIL TAX WITH INTEREST. PAY IT WHEN YOU BECAME AWARE.OTHERWISE ON YEARLY ASSESSMENT YOU CAN PAY.
Omkar
(Student)
(255 Points)
Replied 07 December 2008
Santosh,
Goods can be moved from one state to another state without payment of VAT/CST or any local sales tax within a organisation.
This is appliacble to those organisation having their place of business in more than 1 state.
Form "F" has been issued as per CST act by the receiveing unit to suppling unit of the same company in respect of above mentioned transaction.
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