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?
- 2 Answers
- 2065 Views
- SK Enterprises, I also Faced
- E-Mail Answers
Answer Posted / 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 View All Answers
what is the significance of business taxation in private company?
I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.
IF I HAVE PAY COMMISSION TO LOCAL AGENT RS-5000 THEN HOW MUCH I WILL DEDUCT TDS & IS PAN CARD REQUIRE
What is commercial tax? and what comes under commercial tax? What are the Provisions relating to it?
WHAT IS CORPORATE TAX ?
Daily announced price of Gold. this price is included vat ya without vat. pls give me solution.
Excise duty applicable for Handmade Production?
Our company refundable ST amount but we dont want to refund amt but i want to adjust that refund amount anywhere
what is the difference between vat return and return for remittance on value added tax.
what is excise
How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,
How calculate Rent income exemptions from taxable income under income tax act.isnn't 30% of total income???? plz explain with example?
If the the material sent for job work in outside state for job work ,what should be service tax chargeable or not if material receipt after job work done to job worker kindly suggestion
when we want bought a new asset (for ex. car)how we calculate our income with the eye of income tax
What is the difference between Indian and us taxation
