Answer / deepa rawat

"C" Form is issued in case of inter state sale by
registered buyer to the registrered seller , cst rate @ 2%.
"F" Form is issued in case of stock Transfer within the
the company. it is useful for the tax exemption.
"H" Form is issued in case of export of goods/material as
a certification of export.

Answer / gopal agarwal

Dear All,

Regarding Form -C

Form -C is issued by a registered dealer for purchase of
goods from other state at concessional rate of tax under
the CST act. Now, Form -C should be issued Quarterly,
irrespective of No. of transactions with the same supplier
within the Quarter and the Quarter should be on the basis
of the date of Invoice raised by the supplier not on the
basis of date of receipt of the goods. It is because the
supplier has to prrof to his assessing officer that in a
prticular Quarter what is his total sale against form C and
how much he had received and how much tax he had paid. The
issing dealer has nothing to prove for the same.

Regarding Form- F

As stated above with the exeption that Form F should be
issued Monthly on the basis of date of goods transferred by
the Principal.

Regarding Form -H

It is also to be issued Quarterly by the Exporter and
registered dealer of Sales Tax on teh basis of Purchase
Invoice date and should be accompanied by a certified copy
of Export document like Bill of lading etc.

Goapl Agarwal.
Member of WBCTPA, Beliaghata, Kolkata.

Answer / venkatesan s

C FROM IS ISSUED BY THE BUYER TO THE SELLER IN THE CASE
SALES TAX INCASE THE BUYER DID NOT GIVE THE CERTIFICATE THE
SELLER MAY DEDUCT THE SALES TAX @ 12.5% IF IT IS PROVIDED
MEANS SELLER WILL DEDUCT THE MINIMUMM.

F FORM IS USED FOR STOCK TRANSFER PURPOSE ONLY.

H FORM IS USED FOR EXPORT PURPOSE THE BUYER (MAY BE AGENT)
SHOULD ISSUE THE FORM H TO THE SELLER

Answer / k.vijay kumar reddy

while purchasing the material/other related as per CST act
from one state to another state "C' form will be useful
after purchse. the same thing will be submitted to seller.
if not submit the C form with in 15days after completed
quarter. other debitnote will be raised by seller.

While transfering the goods from one state to another state
like head office to branch office (inter state transfer) F
form will be needed.

While exporting the goods from one country to anthother
country H form will be needed.

Answer / deepa

Form C is issued buy register buyer of one state to seller
of another state.(quarterly Basis)
Form F is issued against transfer of goods from one
state's godown to another state's godown.(Within the same
company)(Monthly Basis)
Form H is issued for certificate for export.

Answer / gopal agarwal

When Inter-State Sales made to a Registered Dealer, who
intend to purchase at concessional rate of CST i.e.2% at
present, against assurance to issue of Form-C to the Selling
dealer, the purchasing dealer issue Form-C to the Selling
dealer. At present Form-C will be issued Quarterly against
all transaction made by a dealer within that Quarter.

Form-F is issued by a register dealer to another register
dealer when goods are either transferred to agent for sale
in other state or branch transfer by same co. from one state
to other. At present it will be issued monthly against all
transfers within a month.

Form-H is issued by a registered dealer of other state, when
he purchase goods to comply with the Foreign buyers order
and Export the same to outside India. Form-H can be issued
for all transactions made with a selling dealer within a year.

Answer / pradhuman singh

FORM C is security printed form and is issued by the State Sales Tax / VAT / Commercial Tax Department to a registered dealer who makes inter-state purchase of goods mentioned in his registration certificate. This form is divided in three portions marked Original, Duplicate and Counter Foil. Purchasing dealer, after making relevant entries and after putting his signatures issues portions marked Original and Duplicate to the selling dealer of the goods, the details of which have been given on the form.

The selling dealer presents Original Copy before its assessing authority for claiming exemption from or reduction in rate of tax, as the law may provide. Irrespective of rate of tax applicable to sale of certain goods within a State, where such rate of tax on sale of such goods within the State is higher than 2%, the purchasing dealer, making inter-state purchase, can, on the basis of Form C, purchase such goods after paying tax to the seller only @2%. In absence of Form-C, purchasing dealer would have been liable for payment of tax at the same rate which is applicable to sale of such goods within the State of selling dealer.
Single Form C can cover transactions of sales made in between same two dealers during the period of one quarter of a financial year.

Answer / gopal agarwal

The first condition to issue Form- "C", "F" or "H" is both
the seller and buyer must be a registered dealer.

Form-C will be issued by the purchasing registered dealer
when he purchases goods under CST Act by paying concessional
rate of CST 2% to the selling dealer. Form-C will cover all
transactions made within a Quarter between the same dealer.


Form-F will be issued by the Agent appointed in other State
to whom stock transfer will be made to sale the goods of
principal in their own state or when branch transfer made by
the Principal. For Stock Transfer or Branch Transfer no tax
is payable if Form-F will be issued by the Agent or Branch
to the Consignor. Form-F will cover all Stock Transfers made
within a month.

Form-H will be issued by the Merchant Exporter when Export
was made from other state I.e. the purchasing dealer is a
registered dealer of other state. Form-H will cover all
Transactions made during a Year subject to supported with
valid transfer document and export document like bill of lading.

Answer / kolagadi.s.ch.sivakumar

while purchasing the material/other related as per CST act
from one state to another state "C' form will be useful
after purchse. the same thing will be submitted to seller.
if not submit the C form with in 15days after completed
quarter. other debitnote will be raised by seller.

While transfering the goods from one state to another state
like head office to branch office (inter state transfer) F
form will be needed.

While exporting the goods from one country to anthother
country H form will be needed

Answer / virender verma

1. Form -"C" is security printed form and is issued by the State Sales Tax / VAT / Commercial Tax Department to a registered dealer who makes inter-state purchase of goods mentioned in his registration certificate.


2. Form "F" = A principal may transfer his goods to his agent, head office or manufacturing unit in one State may transfer its goods to its branches or depots in other States, a purchasing agent may dispatch goods to its principal in other State. In all such cases, there is no inter-state sale. Also no sale is effected during their movement of goods from one State to another. For claiming that goods have moved from one State to another other than by reason of sale, the consignor of the goods is required to produce Form F, duly filled and signed by the consignee of the goods.


3. Form H=
Where an exporter (direct exporter) receives an export order and for fulfitting such order, makes purchase of the goods, under the export order, then such purchase of such goods by the exporter and the sale of such goods made by selling dealer to exporter, are also deemed to be in the course of export of the goods out of the territory of India subject to the condition that exporter issues certificate in Form H to the selling dealer.


4. Form I = Inter-state sale, made to a Special Economic Zone (SEZ) dealer registered under the Central Sales Tax Act, 1956 for use by him in authorized operations in the unit in SEZ, is exempt from payment of the Central Sales Tax if the selling dealer furnishes Form I to its assessing authority after obtaining it from the SEZ dealer. Blank Forms I are obtained by SEZ dealer from office of the Development Commissioner of SEZ in which his unit is located.

I have some queries about Service Tax, I am working in a Insurance Broking Company. 1) We have raised one bill on 25.04.09 for the services provided by us in the month Mar, 09 Now We received the chq on May, 09 followed in the Month of June,09. When the service tax is actually payable in the month of received of Service tax amount or in the month of services actually provided by us (Mar09) 2) Can we take 100% credit of Service Tax Input paid to those who provided services to us. Suppose Service Tax payable is Rs. 100/- and Service tax charged by the other firms/company Rs. 80/-. The question is That can we deduct Rs. 80/- (already paid). Now Net ST payable would be Rs. 20/- or other percent of service tax input is available 3) What is the rate of interest for Service tax if not paid on time. Pls help me out asap

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