About cst
This query is : Resolved
07 February 2012
Iam Not adding 2% cst on the Invoice.My cst is nil against form c.So my Buyer is asking for the proof why i am not including cst on the invoice.So what should my reply to them?
07 February 2012
Should you be trading in exempted goods then interstate sales shall be exempted and also there shall be no requirement of c form.
Should the sale be of a taxable commodity, then sale against C form, tax is to be collected @ 2% or if the sale is not against c form then local rate of tax is to be charged.
Should the sale be of a taxable commodity, then sale against C form, tax is to be collected @ 2% or if the sale is not against c form then local rate of tax is to be charged.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
Trending Online Classes
CAclubindia
