How did you chose your university?

1071

What is dividend warrants?

1149

wct amount deducted by main company .that amount will be returned Subcontractor?If yes,how process is given me.

1594

We made full payment to contractor and forget to deduct TDS on that.Now contractor ledger is fully settled and we have to pass the TDS entries on that. Kindly guide rectify the entries on tds

2257

How can i do the entry of of service tax in tally.

2145

what is meant by qurum

2503

what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?

1945

what is cost taxation

2071

what is Calculation of Gross Profit Or Gross Loss?

2236

What are the effects of international accounting standards on accounting practices of developing nations?

1159

What is dematerialisation and its benefits?

3171

What is functional area,trading partner in sap fico

2133

company accounts introduction?

2683

What is accounting transaction?

1054

Sir, We purchased coal from NCL on CST basis. An incentive is paid on the basis of performance basis of NCL. NCL Raise there incentive bill for Rs. 1000+CST2% Rs.20 Total Rs. 1020/-. But As per Our Calculation, Incentive bill should be Rs. Basic 900+18 (CST)total Rs. 918. We argue and disputed and paid only Rs. 918/- . After Some time they also agree that incentive amount should be Rs. 900+CST but Now they revised the bill like this Basic Incentive Rs. 900+CST Rs.20/- (Original Tax value). And now they are demanding C for with CST 20/- but our pleas is that we are not liable for the mistakes made by the NCL and will issue C for for Rs. 18 Only. Now They are demanding C for for difference of Rs. 2 of CST. My Question is what should be the actually value of C form for CST ie. Rs. 18 or 20. considering the fact that we accounted only rs. 918/- in books and disputed is resolved after one year for basic value.

1918