WE HAVE SOLD GOODS ON 20.09.2010 TO X AND IT HAS BEEN RECODED BY X IN HIS BOOK

WE HAVE SOLD GOODS ON 20.09.2010 TO X AND IT HAS BEEN
RECODED BY X IN HIS BOOKS ON 08.10.2010 ACCORDINGLY X HAS
ISSUED FORM C IN THE QR.OCT-DEC IS IT ALLOWABLE UNDER CST
ACT.

Question Posted / pawan kumar yadav

2 Answers
4612 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

WE HAVE SOLD GOODS ON 20.09.2010 TO X AND IT HAS BEEN RECODED BY X IN HIS BOOKS ON 08.10.2010 ACCO..

Answer / ravi kumar dv

Yes, it is allowable in CST Act. We have to prove that the stock has received by the party in the Month of Oct.

Is This Answer Correct ?

2 Yes

1 No

WE HAVE SOLD GOODS ON 20.09.2010 TO X AND IT HAS BEEN RECODED BY X IN HIS BOOKS ON 08.10.2010 ACCO..

Answer / pawan kumar dokania

THE PURCHASER HAS TO RECORD THE PURCHASE AS ON DATE OF INVOICE. THE C FORM SHOULD BE ISSUED AGAINST THE SEPTEMBER QUIARTER.

Is This Answer Correct ?

0 Yes

0 No

Post New Answer

More Banking Finance Interview Questions

Explain the difference between the convertible and non-convertible debenture?

0 Answers

Is California Chapter 7 (straight Bankruptcy) Bankruptcy Right For Me?

0 Answers

When Shares Are Allotted to Shareholders at Par What Entry Will Be Passed?

0 Answers Joint Stock Company,

What is usance promissory note?

0 Answers

what is the difference between npv and irr method of capital budgeting and which one is better?

5 Answers Capital IQ,

What is consumer banking?

0 Answers

repo rate

8 Answers

What do you understand by the term management?

0 Answers State Bank Of India SBI,

Do you have any idea about Gold Monetization Scheme?

0 Answers State Bank Of India SBI,

what are FIIs a)direct investment b) indirect investment

2 Answers

What is fairtrade??????????????

0 Answers Miracle Solutions,

Hello every1. I have attended the F1 visa for MBA. They have taken my Passport and given me Blue form and has advised me there is an Administrative Processing will be done. there is no time frame for it. Can some one tell whether my visa is refused or will i get the visa.

0 Answers US Consulate,

For more Banking Finance Interview Questions Click Here