TaxTMI 
TaxTMI 
Can C form issued without considering of Excise Amount? If any gentleman have any case laws on this subject , may please share.
Can C form issued without considering of Excise Amount?
06 Jan 2020 
2 Replies 
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C form issuance must account for excise duty; omission exposes taxpayer to tax on the differential value.
The taxable base for Central Sales Tax when issuing a C form includes the assessable transaction value plus excise duty where excise forms part of the invoice consideration; consequently, a C form cannot be validly issued without considering excise duty, and omission exposes the purchaser to tax on the differential value. (AI Summary)
The taxable base for Central Sales Tax when issuing a C form includes the assessable transaction value plus excise duty where excise forms part of the invoice consideration; consequently, a C form cannot be validly issued without considering excise duty, and omission exposes the purchaser to tax on the differential value. (AI Summary)