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sales tax
sir we have purchased from any party as per vide cst2% when sales tax was applicable and the party has not received c form for that then who will pay the penalty and what amount of penalty will be paid.
Replies (3)
The seller will pay Intt. + full rate tax
and if we have not received c forms from our purchaser then we will pay the interest and full rate of tax
Yes you can collect the full rate(less of 2%) with interest when c form is not received from your purchaser.
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