Cot/cst

kishore kumar (B.Com) (32 Points)

10 March 2015  

Hi all!

We are registered under COT/CST in Karnataka. In this month we have purchased a Pump from Tamil Nadu and the total Invoice Amount is Rs.88,434/- including CST & Packing & Forwarding charges. (Pump amount - 85,000/- P&F charges 2% i.e. Rs.1,700/-, CST @ 2% - Rs.1,734/-).

What is the Tax amount that we need to pay to the VAT Department? How to Compute?

 

Thanks & Regards