05 September 2015
A company purchased a product on interstate sales and was charged 5% for not issuing C form in 2013-14. Now in 2015-16, the company issued C form and the seller gave the buyer a refund of 3% which was paid excess through Cash. What should be done??
09 September 2015
Thank you so much. Moreoever, can we take input credit for CST puchases made during the current year @5% without C form against VAT liability.??
CAclubindia
