is C form issued after deducting credit note value?

2624 views 2 replies

Can anyone guide me on

1) whether C form is issued on bill value or after deducting credit note from Bill value?

2) if credit note is given as discount  for total month purchases in which bill should we deduct that value?

Thanks & Regards

Murali

 

Replies (2)

C  from to be issued for actual amount tax on account of CST, payable by the buyer to th seller on account of CST,

dear,

c form to be issued on total sale amt excluding tax, freight or any other exp.

like if u r a seller and u have to sales like this :

sales amount     Rs.10000

Tax @ 4%            Rs.400

Add Freight          Rs.100

Total sales :        Rs.10500/-

hence we are lible to issued c from only rs. 10000/- on more.

Thanks


CCI Pro

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