Answer / priyanka kataria

1. The concept of C form is very simple. When Goods are
moving from one state to another state, CST comes into play.
Generally Goods move from one state to another state,
generally they are either of Resale and/or for use in
manufacturing of Goods.
2. When such goods are purchased either for resale and /or
for use in manufacture, State Government collects the tax
when goods are resold or when manufacturing goods are
ultimetaly sold. Thus Govt gets that tax on final selling price.
3. In such case when goods are moved from one state to
another if full tax is paid by purchaser to Seller, then
there will price rise, as purchaser is not entitled for
SETOFF of CST paid on purchases.
4. To avoid this double taxation C Form plays importnat
part. When one Registered Delar purchase goods from another
registered Dealer, they can use C form , and then selling
dealer will charge CST at reduced rate ( Section 8(2) of CST ACt

Answer / vipul chauhan advocate

When the goods are sold out of state than become interstate
sale but this is applicable when the buyer must be
registered and he will issue c form against sell and also
tax rate will be decreased exam . goods sold aginst c form
then cst payable 2% and buyer will issue the c form to the
seller and subimited in the sale tax department for getting
credit of tax

Answer / manikprabhu s uttarwar

1. "C" Form is a Declaration form under Central Sales Tax Act
2. If Buyer and seller are situated in different States then Central Sales Tax Comes into picture.
3. If buyer is going to use the purchased material for resale or going to use it in manufacturing process or generation of electricity or mining then buyer can purchase such material against concessional rate of tax by issuing form "C" to seller.
4. "C" forms can be issued only and only if above conditions are satisfied. E.g. "C" forms can not be used for immovable property or material used in/for immovable property like purchase of Cement / Steel for new plant. Similarly it can not be issued for fixed asset like filing rack in the office, air conditioner in chairman's cabin etc. But it can be issued if air conditioners are being used in Cold Storage for ICE Cream Manufacturing Plant.

Answer / akhilesh yadav

C form using for the inter state purchase goods behalf of
purchase bill.

Answer / akhilesh yadav

C form using for the inter state purchase goods behalf of
purchase bill.

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

12 Answers   Erico Labs, Hero MotoCorp,

Can the proforma/format of C Form (Sales Tax Form for interstate)be seen on any web site? What declaration is exactly made by the purchaser in that form?

1 Answers  

Section of rant in TDS.

8 Answers   TCS,

If we use google licence in our office for one year.Google raised invoice annualy. so that on which section tds will be deducted.

0 Answers  

what is TDS i need clear explanation and how to file tds return

1 Answers   Maytas,

what is mean by CST purchase way bills, is it CSt Waybills equals to CST purchase way bills?

1 Answers   CST, Maruti Suzuki,

How to calculate entry tax on kraft papers format in excel under Assam Entry tax rules?

0 Answers  

In an E1 trasaction, if the dealer fails to get the E1form from his supplier& submit it to the Sales Tax Authority, then how much will be the expected penalty from Sales Tax department, if the local tax of those item is 14.5%? Please Note: Dealer has submitted all other documents to sales tax including customer Cform expect E1 form. Kindly give us the valuable answer with the supporting CST circular number.

0 Answers  

What is the mode of payment of Entry Tax?

4 Answers  

If IOCL give turnkey project to any contractor who will be got benifited with respect to tax(Direct/Indierct) and how.

0 Answers   IOCL,

Penalty if TDS Returns not submitted on time?

1 Answers  

What do you understand by transfer income?

0 Answers