Query regarding C Form:-
If there are more than 1 item e.g. 3 different machines are purchased from another state in 1 invoice &
that invoice includes cst,packing charges,excise duty etc then ,
do we have to segregate/apportion cst,packing charges & excise duty to find out the different invoice values of the 3 machines?
what should be the basis of apportionment?
Menu
C form
Replies (3)
You have to issue Form C for invoice raised by supplier. In your case you have to issue one C Form for one invoice raised by supplier. You are required to bifurcate value of Goods (excluding CST), CST and Total (Value of Goods + CST). I assume that the abovementioned supplier has not issued any other invoices other than one invoice (for which you raised question)during that quarter
My client has purchased 3 different kind of machines but one bill is raised by the supplier & that bill includes combined packing charges,cst & excise duty ....
& I have to enter all the the 3 machines in different columns in form C with their corresponding invoice value ,then how do i have to bifurcate the same?
Query resolved..:)
Recent Topic
- AIS UTILITY
- NPS Premature withdrawl -Tier 1 Account
- Provident fund taxation
- ITR3 AY 26-27 Error in filling status
- Queries on TDS as per IT
- Capital Gains set off on Sale of Land if held for
- ITR Form for income from freelance consultancy
- Gst rate for HSN code 28530010
- Health Insurance
- India GST Mobile App
Related Topics
CAclubindia
