CST 2% against C form,Cst 12.5 % without c form, why government is in los

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Question

CST 2% against C form,Cst 12.5 % without c form, why 
government is in loss with C form?

Question Submitted By :: Piyush.gupta

I also faced this Question!!

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Answer Posted By

Re: CST 2% against C form,Cst 12.5 % without c form, why government is in loss with C form?

Answer
# 1

Dear, The Concept of C form is Originated to catch
duplication of Taxes in Diff State,,  As per the the Legal
Concept TAX is to be credited to STATE where the Goods is
Finally consumed or Used..

So in case of Interstate, The State Govt is getting nominal
2% and the End user state will get the subsquent local VAT.

Is This Answer Correct ?

3 Yes

1 No

Ca Dharmendra

Re: CST 2% against C form,Cst 12.5 % without c form, why government is in loss with C form?

Answer
# 2

the concept of intoducing the c form is to encourage 
interstate transaction with registered dealers.
if dealer do transaction through c form then only 2 % is 
the tax liability, and when dealer did not used any c form 
then the tax liabilty is equilant to lacal sales tax. by 
this government is encouraging to do the transaction throgh 
registered dealers only

Is This Answer Correct ?

0 Yes

3 No

Meena Rawat

Question	Asked @	Answers
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