on which amount have to issued form C ?, when cash discount is also given in the bill after CST amount as, Sales valve+CST - cash discount.
Answers were Sorted based on User's Feedback
Answer / satish salolya
As per practice, C form is issue on final Invoice value. means after cash discount vale. not on valve before cash discount. is it correct ?
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / eknath
C form is issued on Taxable value i.e. value of materials less trade discount. Cash Discounts is calculated after calculation of CST.
| Is This Answer Correct ? | 2 Yes | 0 No |
Can i purchase fuel like LNG against C-form under Haryana Vat Act
if we are purchase in 45 vat tax than we can deduct tds on contract
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
Any body plz guide me. I have making a invoice of 4% sales tax rate but actual rate of sales tax 5%.
can I avail interest paid and repayment of Loan taken from friends for construction of House property. if so under what section of Income tax Act
Sir, An Awarder make part payment to the Contractor after deducting retention money @5%. The retention money will be paid to the contractor when the contract work is fully completed. Here my question is,when the Awarder has to deduct tax on retention money, at the time of deducting the retention money or at the time of payment of retention money when the contract is completed? Here "Tax" means Income Tax, VAT, Service Tax etc. Please reply Thanking You
Is the sales tax or vat applicable on sale or purchase of building and other fixed assets.
In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.
UNDER CST IF WE PURCHASE GOODS ON 26 JULY 2010 AND GOT THE DELIVERY ON 4 AUG 2010,ON WHAT DATE SHOULD I ENTER THE BILL IN TALLY.
WHAT IS MEANING OF CENVAT CREDIT & CENVAT AVAIL
how to get a TIN number of the party in madhya pradesh whereas i puchase good in west bengal
i have received bill from Catering Service in that they charges VAT and Service tax box.Please clarify wheather it is charge both TAX