agar humne c-form ke against sales ki hai . After 6-month
party hamhe goods retun karti hai sath hi wo hamshe sales
return amount ka c-form magti hai to kya hum c-form issue
kar sakhte hai ya nahi.please give me correct suggestion.
- 1 Answers
- 14905 Views
- I also Faced
- E-Mail Answers
Answer Posted / vikrant
according to legal provision agar 6 month ke baad sales
return hoti hai to uska tax benefit nahi milega. sirf book
1.entry hi show kar sakte hai or jo output vat reverse hua
hai use hum additional cst ke naam se transfer karke usko
sett off kar denge kyoki uska hame refund nahi milega or na
hi c form hum department se maang sakte hai, kyoki c form
hum cst return ke sath jama karva chuke hai.
2.for tax management/planning- agar 6 month ke baad sales
return hai to use hum purchase show kar sakte hai or us
purchase ke against c form hum party ko issue kar sakte
hai, ek trah se ye hamari central purchase against c form
ho jayegi or party ko hum sales return(purchase) ka paisa
or c form issue kar denge.
note: 2nd point sirf tax avoidance purpose ke liye hai, yeh
legal provision nahi hai
legal provision ke anusar hum c form nahi de sakta.
| Is This Answer Correct ? | 12 Yes | 5 No |
Post New Answer View All Answers
how do you prepare the mis reports and prepare the one example report stating your accounts department proforma
What was use of tally erp 9? Types of vat?
Define `Realisation` Account? Explain the salient features?
Why does one need a broker?
My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?
Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
which are the basic princeples of accountancy... with examples
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
distinguish between price rate and time rate?
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
