Refund (or set off) of excess cst paid on receipt of c form
This query is : Open
17 November 2013
Dear Experts my query is that if a seller did not receive C Forms for its Interstate sales and hence make payment to sales Tax Department as per local sales tax applicable but later it receive C forms from the concerned purchasers then how can it get refund (or set off) of excess CST which it paid when C form was not available to it?
For example
MVAT=12.5%
CST=2%
but since C form was not given by concerned purchasers hence seller paid sales tax @ 12.5%. Now when C form is given by concerned purchasers then how can it get refund (or set off) of 10.5%(12.5%-2%).
Seller belongs to Maharashtra .
For example
MVAT=12.5%
CST=2%
but since C form was not given by concerned purchasers hence seller paid sales tax @ 12.5%. Now when C form is given by concerned purchasers then how can it get refund (or set off) of 10.5%(12.5%-2%).
Seller belongs to Maharashtra .
17 November 2013
If time period is not lapsed, the return can be revised, claiming excess as c/f.
Date of sale invoice, whether tax was separately charged/rate, in bill details are not given.
Date of sale invoice, whether tax was separately charged/rate, in bill details are not given.
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18 November 2013
Dear Parkash ji thaanks alot but what about the VAT Audit Report which have been filled by us?? can we also revised it?
18 November 2013
Period Involved and claim amt?
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19 November 2013
Dear Parkash sir period involved is FY 2012-13 and amt is apprx 2.1 lac.
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