Suppose, an organisation has purchased goods for Rs.50000 (including CST-Rs.1000). But I have paid Rs. 48000 only after deducting Rs.2000 towards Late Delivery, as agreed before. Now, my question is 'am i right to issue 'C' Form for Rs.48000 (i.e.50000-2000) ? Please guide me.
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Answer Posted / deevdeena2011
You are liable to issue c form for rs.50000/- entire bill value because you have deducted payment rs.2000/- as per your personal agreement, its not affected in purchase bill value.
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