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 Accounting AllOther interview questions  Accounting AllOther Interview Questions
Question
agar humne c-form ke against sales ki hai . After 6-month 
party hamhe goods retun karti hai sath hi wo hamshe sales 
return amount ka c-form magti hai to kya hum c-form issue 
kar sakhte hai ya nahi.please give me correct suggestion.
 Question Submitted By :: Kumarakhilesh
I also faced this Question!!     Rank Answer Posted By  
 
  Re: agar humne c-form ke against sales ki hai . After 6-month party hamhe goods retun karti hai sath hi wo hamshe sales return amount ka c-form magti hai to kya hum c-form issue kar sakhte hai ya nahi.please give me correct suggestion.
Answer
# 1
according to legal provision  agar 6 month ke baad sales 
return hoti hai to uska tax benefit nahi milega. sirf book 
1.entry hi show kar sakte hai or jo output vat reverse hua 
hai use hum additional cst ke naam se transfer karke usko 
sett off kar denge kyoki uska hame refund nahi milega or na 
hi c form hum department se maang sakte hai, kyoki c form 
hum cst return ke sath jama karva chuke hai.

2.for tax management/planning- agar 6 month ke baad sales 
return hai to use hum purchase show kar sakte hai or us 
purchase ke against c form hum party ko issue kar sakte 
hai, ek trah se ye hamari central purchase against c form 
ho jayegi or party ko hum sales return(purchase) ka paisa 
or c form issue kar denge.
note: 2nd point sirf tax avoidance purpose ke liye hai, yeh 
legal provision nahi hai
legal provision ke anusar hum  c form nahi de sakta.
 
Is This Answer Correct ?    1 Yes 0 No
Vikrant
 

 
 
 
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