Hi!
for which amount C Forms is issued :
suppose 'A' purchased Goods from B for Rs. 10400 (total Bill amount) against C Form, in which Rs. 200 for CST & Rs. 200 for freight.
for which amount A will issue C form to B.
plz reply at the earliest
thanks
Hi!
for which amount C Forms is issued :
suppose 'A' purchased Goods from B for Rs. 10400 (total Bill amount) against C Form, in which Rs. 200 for CST & Rs. 200 for freight.
for which amount A will issue C form to B.
plz reply at the earliest
thanks
| Originally posted by :MOHIT | ||
| " | Hi! for which amount C Forms is issued : suppose 'A' purchased Goods from B for Rs. 10400 (total Bill amount) against C Form, in which Rs. 200 for CST & Rs. 200 for freight. for which amount A will issue C form to B. plz reply at the earliest thanks |
" |
| Originally posted by :Guest | ||
| " |
Hi. C-form has to be issued total value of the bill amount
|
" |
Normally C form is issued for Bill amount, however while calculating the sales tax payable amount, the Assessing office consider only taxable amount part of the form received
c form amt would be basic bill amt only . Thus sales tax amt or packing , transportation or other charges are excluded .However if Sales tax is inclusive and transportation or any chg are inclusive of sale price then C form will be issued by bill amount.
is there any rule defined in the Central Sales Tax act, that for which amount, C form has to be issued.We need the defination as mentioned in the rules.Some parties charges basic value + CST + freight.Sales Tax authorities are giving c form for basic value only,whether it is correct ,because parties are demanding C form for full value including cst amount, freight etc.
c form issued for amount +excise duty + cesses+ freight charged before charged cst ...
freight charged after cst not included..
| Originally posted by : | ||
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Hi Myself Anjali, I need help coz i am issuing C-form on Net amt (Example: Purchase Total Bill Amt Rs.264720/- Including Excise Duty Rs.24720/- ) I am issue C-form on Amt Rs.240000/- Is it correct or Wrong. If Wrong How i change or issue diffrance amt. Plz Help.............. |
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Hi anjali you should include excise duty while issuing form C, Form c is issued at the amount on which cst is calculated. suppose if the basic value is rs 100 excise duty 10 rs cst 2 rs than you need to issue c for m on 110 rs only
C form to be issue on total Invoice Value.
Basic
Excise
CST
Freight
Isurance
Packing
Total Value-------------------- : C form Issue on this amount
No Brijesh ji , alok is right, assessble value is considered
Dear sir,
Basic Price - 25467-00
CST 2% - 509-00
Total 25976-00
on which amount i issued c form and
2) how many invoice contained in the C form at Maxmum in one month
1-GENERALLY , I RECEIVE C FORM ON TOTAL VALUE BUT IF IT IS ISSUED ON BASIC PRICE , IT WILL DO.
2-C FORM ISSUED QTRLY
Hi Ramesha, You can issue C-form for all invoice raised in a qtr, c form should be issued on the assassable value on which cst is calculated, it excludes freight and other costs which doesn't attract taxes
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