In case of Sale with C-Forms, is it mandatory as per the act for the seller to mention in the Invoice as "Against C Form" ?
If required, what are the consequences of not mentioning the same ?
Menu
C-FORM . . Help !!
Replies (3)
It Is mandatory to write against c form. Otherwise buyer will not issue c form to u.
thx pankaj
but d buyer has given d cforms till now ...
through invoice you have claimed only concessional rate from the Customer and for that Form C is needed. It is not a big issue you have omitted to write the words "Against C Form". Because your Custormer outside the state is also aware that they have to issue C form to you for such reduced rate. Otherwise you should have claimed local rates in force. You can keep C forms from the customer for your CSTassessment.
Recent Topic
- Clubbing of deceased's income
- Which ITR to use
- Sovereign gold bond capital gain
- In TDS section no column for relationship in itr
- Query related to agricultural income of Trust
- Full & Final Settlement — what changed u
- Capital gains or losses when new equity was issued
- Looking for a FMCG foods business to acquire
- Sale of mutual fund in zerodha and AIS
- FORM 144 TDS RETURN FILING
Related Topics
CAclubindia
