Suppose, an organisation has purchased goods for Rs.50000 (including CST-Rs.1000). But I have paid Rs. 48000 only after deducting Rs.2000 towards Late Delivery, as agreed before. Now, my question is 'am i right to issue 'C' Form for Rs.48000 (i.e.50000-2000) ? Please guide me.

Answer Posted / deevdeena2011

You are liable to issue c form for rs.50000/- entire bill value because you have deducted payment rs.2000/- as per your personal agreement, its not affected in purchase bill value.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why do ask we about child labour? why sould not we ask about child basic development? when we have education cess, why the amount not been ment for the development of child labour? when we have a system to eradicate child labour? Why that force is not child thier to put them in kind of bostal school? why the parent should not be punished for the child labour

2029


How many pending cases are there in INDIA?

1625


Can you tell me a recent example of when you were under stress, and how you coped?

1602


VAT & CST Payment and Returns due dates in Uttarakhand????

1204


What are the experiences you had in the past that makes you certain that you are prepared to practice civil law?

1638






Rules of civil law are different than that of criminal law. Are you prepared to enter this knowing that there is little guidance from within our office?

1833


If an appellet court bases its opinion on something that was not factual can objection be entered asking for reconsideration

1773


In Maharashtra is Director liable to pay the Professional tax or the company?

761


what is difference between excise & sells tax?

1701


Please give an example solutions of Professional Tax Calculations?

2031


I have been approved for a L1a visa, and received a new I9, now what do I have to do to get the visa on my passport

3926


Where does honesty fit into Law?

616


I m a indian law student. I wnt to go usa vai student visa. What are th chance for me? Which course god for me? How to face usa consulant?

1759


Sir my question is on service Tax. We have deposited the amount under wrong code. The basic amount of service tax Rs.7500/- on Clearing & forwarding Agency (code 00440045) was wrongly deposited in the interest code (00440046). Do we have to deposit service tax again or this amount can be transfered to service tax account.

1758


This regarding cst sale please clarify.If goods are sold to end user who wants delivery of it in other state. What would the nature of transaction

1354