:: Home Page
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   Errors
   Testimonials Refer this Site  Refer This Site to Your Friends  Site Map  Contact Us      
Categories >> Accounting >> Taxation


Question what is vat?
what is excise?
what is form c & d in sales tax?
 Question Asked At :: iflex, aksh optifibre limited, cat computer service pvt ltd, natwarlal, if c-form is not issued purchaser to seller? then what happen, esorts construction equipment ltd., tcs, murjani, 1223, dhl express, in ca firm, precise die punching, when and why d form use pleas
 Question Submitted By :: malaykrishnasaha
I also faced this Question!!    
Answer Posted By  
Form C is issued by the dealer for purchasing goods from
the dealer out side the state in which he resides the
effect can be understood ny looking at following example

IF Mr A Registered Dealer in Hyderabad (AP) wants to
purchase goods from Mr B a registered dealer in Mumbai.Mr
B who is selling the goods will charge VAT @ 4% or 12.5% on
the goods if Mr A issues him "C" Form then Mr B should
Charge him CST @ 2% so Mr A is SAving Tax.

Form D serves the same purpose but it has to be issued by

Is This Answer Correct ?    56 Yes 53 No

View All Answers