Interested to Buy Any Domain ? << Click Here >> for more details...
If there is differance in value written on the road permit
(along with transfer invoice) and the tax invoice (which is
generated after dispatch of material)for inter state sale
(specially uttarakhand)which value to be consider for C
form?
- 2 Answers
- 6277 Views
- ABC, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / h.r. sreepada bhagi
For one transaction of sale there should be only one
invoice. If more than one Sales Invoice (Tax Invoice) is
raised (One for transportation & another for accounting &
payment, then the transaction is not in accordance with law.
Here the basic question is why there are 2 invoices with
different values? It can be only with a view to cheat the
government on tax and it's not prudent accounting practice.
C-Form always needs to be issued against the Tax Invoice
which is accounted and paid/payable to the supplier of goods
when CST is charged at concessional rate in accordance with
the Central Sales Tax of the concerned state.
| Is This Answer Correct ? | 8 Yes | 0 No |
Answer / sarath
2% (as per present rate of CST) or rate of VAT prevailing
in that state whichever is lower.
| Is This Answer Correct ? | 1 Yes | 3 No |
Till the Discounted bill is paid by acceptor it remains. 1) A contigent liabilities for the acceptor. 2) A contigent Liabilities for the Drawer. 3) A contigent Liabilities for the bank 4) A contigent Liabilites for drawer
EXPLAIN ABOUT TDS?
Dear friends, How can we get refund of WCT?
What is the present Central sales tax rate in Silvasa?
What is cenvat credit?
what is the full rate of cst/vat of building material ?
What is the difference between fund flow and cash flow for a company?
Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.
what is the Intrest Rate for CST Delay Payment
1 Answers ABC, Amico, Vertimo,
Whether TDS is deductible after service tax addition or not?
How to Calculate the ESI,PF?it is basic Salary or Gross Salary?
97 Answers ACME, Airtel, ESI, FMCG, GOMS, Goyal Group, Goyal Motors, Gurukul, HCCBPL Hindustan Coca-Cola Beverages Private Limited, InfraTech, Kalanikethan, Nagarjuna Construction, Orchid Manpower, Srishti infrabuild, Wipro,
if my salary is 21855 per month for finicial year april 2011- march 2012 what tax will be deduct
Audit 
