Clarification / advise for on CST billing - Reg

[Guest]

Dear Sir,

WISH YOU HAPPY NEW YEAR AND PONGAL FOR 2014.

We are having manufacturing units in AP.  As per CST charged CST 5 percent Full rate of tax as per customer PO  and customer also agreed at the time of dispatch.  Accordingly we have filed our monthly returns and paid tax liability.

Now the customer saying he will providing Concessional form C and asking to change the principal invoice.  Please let us know the what is the procedure in the CST to correct the principal document.

We request your goodselves please provide your valueable opinion and if any case laws available on this issue.

Regards,

R nageswar Rao

8801111356

[Guest]

Issue credit note of differential CST duty.No need to change the original invoice also u had filed ur cst return taking into consideration of full rate.

AI Summary

CST adjustment: issue a credit note for differential tax; original invoice need not be amended. Advisory: where full CST was charged and returns filed, do not amend the original invoice on receipt of concessional Form C; instead issue a credit note for the differential CST to adjust tax liability while keeping the original dispatched invoice intact.