C-form is a form issued by a customer to the supplier for a CST purchase @ 2%.when C-form is not produced then the supplier can charge same rate of tax as if in % within the state. C means consessional rate.
C-form is basically issued by the central govt to transfer
the goods from one state to another with concessional rate
i.e. 2% only. For example, A(in Delhi) purchase goods from
B(in Haryana), then A have an two options i.e. either
purchase @4% tax or purchase @2% tax. Normally to get the
tax advantage, A should purchase the goods against the C-
If an overpayment (more than was paid) was posted on a
statemnt, can I just make a debit note on the account with
Customer had to pay me R 10 000
Payment on his statment was passed for R 15 000
Can I make a debit note with the dif of R 5 000, to rectify
the account for the specific month?
How can be adjusted advances in the next year, shown at
liabilities side in last year balance sheet (these advances
in the name of unreal persons). status of firm - Pvt. Ltd.
Company . Nature of business is automobile service.