which value we will take in c- form to issuing c- form any
party basic value or basci+ tax plz ans..............
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Answer / kumaran.g
when we go for Assessment, will show the interstate purchase
value only. Hence Form C to be issued for goods purchase
value only & not for including CST. In some cases Freight
charges will be added in the invoice. In that case can we
issue for net value of Invoice ?
| Is This Answer Correct ? | 28 Yes | 3 No |
Answer / sjha.jha
In C form only gross value of goods will be taken
| Is This Answer Correct ? | 20 Yes | 9 No |
Answer / atul nema
C-form demostrate the sale price. and sale price comprises
of Tax amount.
So=C-form amount=Sales=Basic Price+Tax.
| Is This Answer Correct ? | 16 Yes | 11 No |
Answer / nagachandra t g
We have to take to Issue C Form Basic + Tax i.e., Net value
of Invoice Amount
| Is This Answer Correct ? | 9 Yes | 5 No |
Answer / pankaj sharma
C-Form issue to party on (Taxable Value + Excise Duty + Edu
Cess + S & H Cess + Cst)is equal to C-Form Value (Gross
Value)
in case freight charge on invoice , than freight less on
invoice value.
| Is This Answer Correct ? | 8 Yes | 4 No |
Answer / shekhar
If some debit /or credit memo is raised then on what value
it may be raised
| Is This Answer Correct ? | 3 Yes | 1 No |
MY QUESTION IS 1. WHAT ARE THE LEDGERS TO BE OPEN FOR TDS 2. WHEN AND TO WHOM I DEDUCT TDS 3. JOURNAL ENTRY FOR ALL TDS TRANSCATION 5. IN TALLY ERP MENTION LEDGER TO BE CREATED UNDER WHAT GROUP 6. THEN ANY OTHER IMPORTANT INFORMATION ABOUT TO CHECK IN TDS
whaT is TDS? give the rates. Procedure for preparing the same?
what is a rule for issue form 38 and tham form c any purchaser can issue form 38 or there is certain rule and regulation.
how will you make vat returns?
Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.
What items come under deferred tax liability?
what is fringe benefit tax
sir, can you give me clarification briefly how to capitalized and which one capitalized
While issue of C form to the seller, c form can be issued on either before @ 2% CST or after @ 2% cst. If so, what is the logic.
If Seller in Delhi deliveres goods above Rs.25,000.00 without form 38 to Haryana,and issues invoice @2% CST without buyer having VAt registration and receives full payment of invoice, whose responsibility is it to pay the difference in taxes wrongly billed by seller?
spose i am in gurgaon & employed with automotive manufacturing co. i have to make some invoces for new delhi, chennai, jaipur & chandigarh & london for a component (rubber gasket) qty-2500 no @ of 120 per pc than what should be payable amount for each customer after adding taxes?
If we purchase Inter -state any Plant & Machinery for Works contract for completion of a Project and later after completion of the same if we move that material to other State , Can we get "C" form against this material where we have purchased it. Is there any Notification regarding the same . In which circumstances a Works contractor can get "C" Form ? If against "C" Form a works contractor purchased the material and passed on the material via Works contract to the client whetheer Local VAt rate is also applicable on the same .
1 Answers Tribeni Constructions Ltd,
Audit 
