If Seller invoice is within the state and material loaded from other state and deliver within the state then the C Form required or not if required than seller arrange the c Form or Purchaser
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Answer / bhanu
If the invoice is within the state then C Form is not required to be issued as seller imposes us tax within the state only and if seller invoices from outside state then the purchaser has to issue C Form
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Answer / gaurav singh
Local or Interstate ale is depend on movement of the goods, as seller is issued the invoice with in the state but how its possible to send the material from other state material will be out only after raising the bill, so the bill will be raise from other location & then ship to the customer & in this case definitely CST will charge, if cst will charge then buyer will issue form c to seller if he want exemption in cst rates.
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Dear Experts, I need your help in deriving a formula for calculating three taxes with a combination of cumulative and inclusive tax. Here are the examples with expected result. Please let me know the formula on how to get the given result. Example1: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and there is no cumulative of Tax1, Tax2 Expected Results are: Tax1=76.34 Tax2=83.97 Tax3=76.34 Let me know formula to derive above values? Example2: Total Product Value (V) = 1000 (with inclusive of all 3 taxes and below mentioned cumulative combinations) Tax1 rate is 10% and Tax1 is inclusive. Tax2 rate is 10% with Tax2 is inclusive and cumulative of Tax1 Tax3 rate is 10% with Tax3 is inclusive and cumulative of Tax2 Expected Results are: Tax1=75.70 Tax2=83.27 Tax3=84.03 Please let me know formula to derive above values? Thanks in advance.
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