If We received Purchase bill for Rs. 67320 2% CST ( Ta Rs. 1320 on Assessable value of Rs. 66000/- ) against Form C but while making payment we had paid as per 12.50 % Tax amount i.e. 8250 . Total paid Rs. 74250/- then is it necessary to give Form C to the party?
Answer Posted / manoj sharma
no, because we have paid full tax 12.50% instead of 2%. so we shall not issue form C
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
If we want to do online PT registration it starts from 2007-08. But our firm started 2005-06. What is the procedure? Manually we have to submit the documents. Can any one let me know.
if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)
What we mean by MAT Credit Entitlement ???
IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE
how many form used in sales tax return from begining to ending?
If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?
What is c.s.t slab on furniture & fixture ?
can i adusted our vat credit in W.C.T. payable?
What doyou mean by assesment order? and for what purpose it will be passed?
What items fall under the category of ‘securities’?
What are the procedures for remitting WCT?
Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.
Who are non resident?
hi which form issue again ogs purches & sales ? which is the tax rat we issue c form?it's cst3% is avelabe to issue the c-form?
Should we give C form with Freight, Insurance, P&F after CST?