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Value in c-form for inter-state purchases

Rahul Jain (Accountant) (316 Points)

20 July 2013  

Suppose A of Delhi has purchased certain goods from B of Mumbai.B has raised and Invoice on A which is as follows- 

Goods Value                 Rs 30000 
Excise & Cess(12.36%)   Rs 3708 
CST (2%)                        Rs 674 
Subtotal                       Rs 34382 
Insurance                         Rs 20 
Freight Advance             Rs 2000 
Total                           Rs.36402 
Now A will issue C-form to B for which value-
 a) 33708
 b) 34382
 c) 34402
 d) 36402 



 3 Replies

CA vinod (Chartered Accountant) (518 Points)
Replied 20 July 2013

If CST is charged on Rs. 33708 (Value + Excise), obviously C form will be issued for that value only...

Rashid Imam (Officer (Indirect taxation))   (296 Points)
Replied 20 July 2013

C-form will be issued for the amount 34382/- (Basic+Excise+CST)

Replied 02 August 2013


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