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Cst

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Whether payment of cst or vat can be made to the party on the basis of Proforma Invoice?kindly reply me soon.

Replies (3)

Payment of VAT cannot be made to the party on the basis of Proforma Invoice. It must only be paid to the party when he gives must a Tax Invoice (within delhi if registered under DVAT) or Retail Invoice (if unregistered). 

CST can only be paid on the basis of Retail Invoice, not on the basis of proforma Invoice.

 

Regards

Piyush Tanwar

Tiwari & Associates

Mobile - 09717468521

email - imcoolpiyush.tanwar @ gmail.com

Yes, I am fully agreed with Mr. Piyush
Sir,if we paid VAT to the party on the basis of retail invoice i.e(in case of unregistered dealer) then there is no ques. Of parforma invoice or retail invoice bcz in both the cases tax credit of Input VAT is not allowed M I right???


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