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.
- 1 Answers
- 14864 Views
- I also Faced
- E-Mail Answers
Answer / vikrant
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 ? | 12 Yes | 5 No |
in what form is crr kept in RBI?
What should be considered as best in the company's view either debt or equity? Explain briefly?
What do you mean by Green-shoe option?
What is Balance Sheet?
24 Answers BPO, CTS, IBM, Kutchina, TCS, Wipro,
Expand C T C
what is sensex
what is the meaning of input vat & out put vat?
What is the entry posted for GRN (Goods received Note)? If the stock received from the party what entry have to post in books? And in which a/c it has been hit?
what is bank reconcilation?
Sales Return is asset or laibility
what is data entry? what is report generation ?in accounting how it is used .
Expand ------SAD
Audit 
