Cst differential liability
This query is : Resolved
12 April 2013
I was sold the metal out of maharashtra where CST was 4% in 2005-06 and local MVAT rate was 4%. I have not received any C- FORM. So is there any differential liability as the both rates are same?
13 April 2013
In case of your failure to produce C Form it will be presumed that the same was been sold local not inerstate that too with the tax rate as applicable at that time.
Now as you above, you will not be liable pay any tax.
Now as you above, you will not be liable pay any tax.
10 July 2013
In case you are unable to procure C form then rate of tax shall be 10% as applicable to unregistered dealer
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 Aadhar PAN linking required for opening bank account?
- Applicability
- Where to show the RCM on Rent paid to unregistered landlord
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Application of 115BAC
- Gst Sales of FY 2023-24
- GSTR-3B - Do I file nil when there is no sale but I've bought raw materials
- TDS NUMBER SURRENDER
- Legal heir raised refund , but refund issued to the closed account of deceased.
- RCM - commercial rent paid to URP under GST
- Whether still royalty
- 20% OF DEMAND PAYMENT IN APPEAL
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
