TaxTMI 
TaxTMI 
Hi experts
Our client generated online c forms with purchase value excluding cst 2 percent tax amt. is it acceptable if so kindly provide act / sec pls
c form issued with purchase value excluding cst2% tax amt
11 Jan 2014 
1 Reply 
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CST inclusion in C forms: C forms must show CST as part of purchase cost, with no input tax allowed.
CST is part of the cost of purchased goods and no input tax credit is allowed for CST; therefore C forms should record and include the CST amount within the purchase value, not exclude it. (AI Summary)
CST is part of the cost of purchased goods and no input tax credit is allowed for CST; therefore C forms should record and include the CST amount within the purchase value, not exclude it. (AI Summary)