If We received Purchase bill for Rs. 67320 2% CST ( Ta Rs. 1320 on Assessable value of Rs. 66000/- ) against Form C but while making payment we had paid as per 12.50 % Tax amount i.e. 8250 . Total paid Rs. 74250/- then is it necessary to give Form C to the party?

Answers were Sorted based on User's Feedback



If We received Purchase bill for Rs. 67320 2% CST ( Ta Rs. 1320 on Assessable value of Rs. 66000/- ..

Answer / manoj sharma

no, because we have paid full tax 12.50% instead of 2%. so we shall not issue form C

Is This Answer Correct ?    0 Yes 0 No

If We received Purchase bill for Rs. 67320 2% CST ( Ta Rs. 1320 on Assessable value of Rs. 66000/- ..

Answer / ravindra

Yes, If party was deposited 2% CST against form "C" against our tin no. & party will payment to us excess 10.05% tax amt that we have already paid . in that case we r issue for C to party

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Taxation Interview Questions

how much deduct TDS company or non company

8 Answers  


We have received bill of Machine installation charges but service provider is not raised service tax in bill who is pay service tax ?

1 Answers  


What is E1 form for purchase & what benefites

2 Answers  


in case of vehicle hired for staff pick up & drop for 1 month or 1 year, TDS is applicable ? if yes then which code is mention in challan & which rate is applicable ? in case of vehicle orner is personal or company which rate applicatble ?

0 Answers  


How to reconcile a Vendor who is a supplier as well as a Contractor?

0 Answers   Private,






I'm a Taiwaness, and my boss have investment in india. I have a question about TDS. If I rent a one day car that doesn't sign any contract or agreement, should I pay the TDS or should I dedcut TDS from payment of this expenditure.

2 Answers  


If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?

0 Answers  


AOP meana association of persons which includes individuals BOI means association of individuals .so my question is how to recognize a client whether he is aop or boi when he is a associaton of INDIVIDUALS.I will be helpful to those answered my question

2 Answers   OCL,


th point in when will details wil get filled in ER1 2a and 2B?capg

0 Answers  


what do you mean by cenvat? and in which is liable?

0 Answers  


What are the benefits to an Employee to deduct TDS from his Salary ?

3 Answers  


How should the personal assets of a salaried employee be shown in his books of accounts ?

0 Answers   CA,


Categories