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if Mr. A Charge to Mr. B 5% CST, Mr. B Paid 5% CST To Mr. A so Mr. B c Form Give To Mr. A This Is right or wrong

Answers were Sorted based on User's Feedback



if Mr. A Charge to Mr. B 5% CST, Mr. B Paid 5% CST To Mr. A so Mr. B c Form Give To Mr. A This Is ri..

Answer / ajay

There is no need of c- form because c form applicable only for cst 2 % sales

Is This Answer Correct ?    6 Yes 0 No

if Mr. A Charge to Mr. B 5% CST, Mr. B Paid 5% CST To Mr. A so Mr. B c Form Give To Mr. A This Is ri..

Answer / shatrudhan sinhg

if Mr. B has been paid Full Vat Tax i think B shouldn't give c form to Mr.A

Is This Answer Correct ?    3 Yes 0 No

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More Taxation Interview Questions

I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

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