C Form on Gross or Net

Vijay Budhwani (AVP Tax) (326 Points)

06 November 2007  

Dear Members,

Kindly clarify a querry.

The Sales Tax Officer is of view that "C" form has to be received on Total Sales Value (i.e. net + tax amount), but our client has received a "C" form which is of Net Amount, is there any circular/ notification or some clarification that "C" form can be issued on Net Value.
Kindly sort out the same as soon as possible.
Vijay Budhwani