if "a" is a party from gurgaon purchase goods from "b" a
party of bhiwadi. "a" purchase goods at cst @2%
against "c" form of rs(taxable amt) 10000/- cst @2% rs 200/-
then the total bill amount is 10200/-. what is the amount
of "C" form made by "a"?

Answer Posted / g v s

The total value of bill is rs.10000/8-
The cst charged 2% amounting to Rs.200/-
the total bill value is rs.10200/-
C form to be issued to the tune of Rs.10200/ in evidence
that the tax is charged TAX CHARGES @2%

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Beginning Balance, Dec. 31, 20xx Creditable Income Tax 211,829.00 Income Tax Payable (132,808.00) > Balance 79,021.00 ITR (1st Quarter) - Jan. 31, 2016 - Mar. 31, 20xx Normal Tax (30% of Taxable Income) 2,205.02 MCIT (2% of Gross Income) 7,865.71 Aggregate Income Tax Due (Normal Tax vs. MCIT whichever is hihger) 7,865.71 Less: Tax Credits/Payments Prior Years Excess Credits 79,021.00 Creditable Tax Withheld - 79,021.00 Tax Payable, per return (71,155.29) What should be the entry in my book to record the above transactions? Thank you!

1226


can we take 100% input of contractor service tax billing where service receiver have to pay 50% service tax

1322


Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c

1350


Who are non resident?

692


IF a vendors charges WCT @8.75% what is the rate of TDs to be deducted against that? & can we take the Input of it?

5088






What is the eligibility criteria of C-Form(Manufacturing goods of borewell bits, Hammers, Drilling Tools and Air compressors, etc..). If such company will purchase safety shoes, buyer can eligible to issue C-Form?

4937


how we issue the road permit to seller for receiving the rearing material

1907


In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.

1180


What is the procedure to intimate Change Name of Business in maharashtra Vat Act, which form to be fill.

2451


what is procedure to get c form? what is procees to get vat /tin no

1935


What is the procedure to take modvat and its form number

2075


what is WCT rate in chhattisgarh

2929


Hi, I am working in MNC, I Want to Know about TDS. What is Deposit date of TDS for all categaries & Which challan or Form What is date of Submit tds return quarterly for in a Company & Which form fill up

1688


i have paid P-TAX ( employee ) in EC code & P- TAX ( COMPANY)paid in RC code.how can i solve this poblem?

2821


Please help me to find VAT Rates of the follwing Items in A.P 1.Fiber Glass -CSM -Roving W.R Polyster Resin G.P{general purpose)Roofing,ISO Thanks & Regards Mohan .V

1409