Regarding VAT
This query is : Resolved
10 December 2008
My question is whether the CST is adjusted agst VAT or not suppose we buy goods on 4% & 12.5% and sell them at CST@2% agst form 'c' Then the sales tax we collect from debtors and the VAT paid on it. Is the both can be adjusted with each other or not
And Secondly the Form 'c' when & where to be submitted and if we want to issue 'c' form then from where i can get the Form "C"
And Secondly the Form 'c' when & where to be submitted and if we want to issue 'c' form then from where i can get the Form "C"
10 December 2008
purchase tax is adjusted against cst sales
but cst purchases are not adjusted against state sales
c form are issued in each quarter for single buyers that is you will get one c form for a single party in the quarter
but cst purchases are not adjusted against state sales
c form are issued in each quarter for single buyers that is you will get one c form for a single party in the quarter
10 December 2008
C form will be obtained from the registering authority on submission of an application followed by remittance of fees.
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
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- Not a CA , can we prepare balance sheet
- Valuation of diamonds as on 01.04.2001
- What is meaning of merging of expenses or income in accounts
- Accounting treatment of write off sundry debtors
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- 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
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
