Interested to Buy Any Domain ? << Click Here >> for more details...
when sales made in 2% cst against c-form, the buyer issue
the c form to the seller, what the seller made on these c
form , how can the seller benefited by the c form?
- 3 Answers
- 6708 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / balvinder kumar
a seller has to submit this c forms in sales tax department if he does not produce c -form then such sale will be treated as local sale and the seller can not get benefit of 2% tax
he will have to pay local tax on such sale.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / p. vedha
Seller is benefited by paying 2% cst instead of paying VAT
amount.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / abhivirthi tax and industrial
The dealer purchased goods at the concessional rate of 2% is eligible to issue Form C only for the goods mentioned in his Certificate of Registration in Form B. The goods not included in the Certificate of registration in Form B, is not eligible to issue Form C and the same has to be assessed at the local VAT rates.
The C Form contains Name and address of the selling dealer and purchasing dealer with CST numbers and bill No. and date etc., The Form C contains original, Duplicate and Counter Foil. The Counter Foil of the Form C to be retained by the dealer who effected inter-State purchases of goods at concessional rate and Original and Duplicate to be furnished to the Selling dealer who effected inter-State sales. The Selling dealer who received Original and Duplicate, should present the Original to the Assessing Authority and retain the Duplicate with him for record. Single Form C can cover transactions of sales made in between same two dealers during the period of one quarter of a financial year.
Reply from:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, PALAAMI ENCLAVE
NEW NATHAM ROAD
MADURAI-625014
CELL: 9994990599.
| Is This Answer Correct ? | 0 Yes | 0 No |
What happen if employer not deduct t.d.s. on salary paid upto December?
2 Answers TATA, Wasankar Wealth Management,
WE purchase Firewell for our office Rs.26500/- the vendor charge 5% vat on 26500=1325 and S.Tax 14.5% on 26500/- =3843 is it is possible please clarify
We have received Bills of Aug-2008 for contract charges. I have passed the bills in Dec-2008. So, we will pay intrest on tds or not?
How can a taxpayer get a refund for an overpayment of taxes?
CAN DVAT CREDIT IS TO BE TAKEN ON COMMERCIAL INVOICE?
Define FBT with example & how it can be calculate ?
Can anybody explain? what's consumeble items?
What is the Difference between VAT and Sales Tax ?
What is Tax Audit ? Brief description please
WHICH ARE BASIC EXEMTIONS FOR TDS ON SALARY
WHAT WE DO FOR SERVICE TAX IF A PURCHASER RAISE A DEBIT NOTE FOR OUR SERVICE BILL. PLEASAE EXPALAIN THE PROCEDURE WITH EXAMPLES
what is the use of 2a,2b & 2c form in cst
Audit 
