when company issue c form to the seller it has to issue
full amount of purchases or it has to deduct the 2% of cst
amt Ex; purchase for rs.10000/- which includes 40 cst we
have to issue c form for rs.9960 or we have to issue for
rs.10000/- which one is correct

Answer Posted / sunita solanki

c form will be issued on Rs. 10000/-

Is This Answer Correct ?    13 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is limit of form "16" or "31",c-form & form "11" or 3b during the issued on one time.

3109


which date Entry Tax has been started by Himachal Govt. and Please let us know the which act under Entry tax comes

1580


I am working as account in one of the logistics company for one year. I would like to know about service tax and how can I post necessary entries

2306


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.

1458


come'?

1910






WHETHER VAT IS APPLICABLE IN FIRMER TRACTORS ? WHETHER VAT IS APPLICABLE IN NORMAL TRACTORS ? PLEASE NOTE THAT I HAVE PURCHASED IT BY PAYING VAT.

1995


What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?

1747


What do you understand by dissolution of firm?

780


How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,

3068


Company A from Maharashtra dispatch material directly to company C in Maharashtra & Billed to Company B in Karnataka. Co. A raised billed to Co. B charged local VAT., Co. B raised bill on Co. C tax rate NIL. Can Co. C claimed on VAT amount ?

1533


What's format of CMO & CMA Data?

2397


if threshhold limit is crossed then tds is deducted on which amount ? Aggregate or exceeding threshold limit?

1477


what is tax avoiding?

1749


if any civil contractor provide service to education institute, then there is an exemption for service tax liability, and he should be quoted it on its invoice, can u provide me sample invoice formats

1923


Is there any change in the section 80DD for the financial year 2009-10

2338