If we purchase machinery from gujarat ie from cst supplier
& we have to give them 'c' form what should be the entry
for the same.

Answers were Sorted based on User's Feedback



If we purchase machinery from gujarat ie from cst supplier & we have to give them 'c'..

Answer / govind

Machinery a/c debit

to Vendor a/c Credit.(including CST amount)

Is This Answer Correct ?    6 Yes 0 No

If we purchase machinery from gujarat ie from cst supplier & we have to give them 'c'..

Answer / atul rastogi

DEBIT PLANT & MACH. A/C
CREDIT SUPPILER A/C (WITH 2% CST)

Is This Answer Correct ?    2 Yes 0 No

Post New Answer

More Accounting General Interview Questions

Why company issue shares at discount as its a loss ?

0 Answers  


Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

0 Answers  


What is bond ? What is capital market?

0 Answers   Northern Group,


please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com

0 Answers  


what is entry of loan & Advance given to Client Rs. 4 crore @ 3% per month for one year,Interest Recievable,Interest Recd.

2 Answers  






Explain me bills receivable?

0 Answers  


Why have you applied to our firm?

0 Answers  


what is current rate of excise duty in india

2 Answers  


my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz

0 Answers   TCS,


difference between stock and share

2 Answers   Genpact,


Our company is in manufacturing stage and we had paid advance payment to several suppliers for some construction purposes. As manufacturing stage I want to treat it as Capital work in progress.So kindly advise how can we pass the entries for the same.

1 Answers   Reflective Aluminium Glass,


I want to see company ROC no can you please tell me where it should be mentioned.

1 Answers  


Categories