We purchased packing material against H form condition,
without Sales Tax, Now against we want issue C form to
party with payment of CST 2%, C form issue only Basic
amount, or including CST amount?
Answer / dheerendra rao.c
Form " C " is should be Including the CST amount Ex-Rs.100/-(Basic)+Rs.2/-(CST) Then we have to issue Form " C " Rs.102/-.
Is This Answer Correct ? | 3 Yes | 1 No |
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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.