CST 2% against C form,Cst 12.5 % without c form, why
government is in loss with C form?
Answer Posted / ca dharmendra
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 ? | 148 Yes | 31 No |
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