WE HAVE SOLD GOODS ON 20.09.2010 TO X AND IT HAS BEEN RECODED BY X IN HIS BOOK

WE HAVE SOLD GOODS ON 20.09.2010 TO X AND IT HAS BEEN
RECODED BY X IN HIS BOOKS ON 08.10.2010 ACCORDINGLY X HAS
ISSUED FORM C IN THE QR.OCT-DEC IS IT ALLOWABLE UNDER CST
ACT.

Question Posted / pawan kumar yadav

2 Answers
4680 Views
I also Faced
E-Mail Answers

Answers were Sorted based on User's Feedback

WE HAVE SOLD GOODS ON 20.09.2010 TO X AND IT HAS BEEN RECODED BY X IN HIS BOOKS ON 08.10.2010 ACCO..

Answer / ravi kumar dv

Yes, it is allowable in CST Act. We have to prove that the stock has received by the party in the Month of Oct.

Is This Answer Correct ?

2 Yes

1 No

WE HAVE SOLD GOODS ON 20.09.2010 TO X AND IT HAS BEEN RECODED BY X IN HIS BOOKS ON 08.10.2010 ACCO..

Answer / pawan kumar dokania

THE PURCHASER HAS TO RECORD THE PURCHASE AS ON DATE OF INVOICE. THE C FORM SHOULD BE ISSUED AGAINST THE SEPTEMBER QUIARTER.

Is This Answer Correct ?

0 Yes

0 No

Post New Answer

More Banking Finance Interview Questions

What is Capital of a Company?

0 Answers Joint Stock Company,

What is a balance sheet and a trial balance?

0 Answers State Bank Of India SBI,

what is tertiary sales

2 Answers

What are the limitations of ratio analysis?

0 Answers

Where are the headquarters of Indian Government Banks?

0 Answers IBPS,

what is the difference between debenture and preference share

14 Answers Indiabulls, Newland Agro Industries,

What is 'digital signatures' (ds)?

0 Answers

Where have you saved money, handled more with less or found other ways to cut cost or increase productivity?

0 Answers SEBI,

What procedure is followed for selection of po and clerk?

0 Answers

What is the entry for deprecation?

25 Answers Bajaj Allianz, Genpact, HP,

What do you mean by imps?

0 Answers

Give Any Three Advantages of Joint Stock Company?

0 Answers Joint Stock Company,

For more Banking Finance Interview Questions Click Here