Interested to Buy Any Domain ? << Click Here >> for more details...
what do you mean by C form , meaning and example
- 29 Answers
- 251329 Views
- Al Badr Seafoods, Axson Revocoat, C Form, Value Labs, I also Faced
- E-Mail Answers
Answer Posted / a.v.k.s. chandramouli
'C' FORM IS ISSUED BY THE PURCHASER TI THE SELLER. WHENEVER THE PURCHASER BUYS THE GOODS FROM OUTSIDE THE STATE THAN HE (PURCHASER)IS CHARGED WITH 2% CST IN ORDER TO AVOID ANY LOCAL TAX IN HIS INVOICE.
EX: WHEN 'A' WHO IS IN BANGALORE BUYS GOODS FORM 'B' WHO IS IN CHENNAI THEN IT IS CALLED AN INTERSTATE PURCHASE. IN THIS PROCESS 'A' IS CONSIDERED AS CST CUSTOMER TO 'B'. DURING WHICH 'A' HAS TO ISSUE THE 'C' FORM TO 'B' FROM THE COMMERCIAL TAX DEPARTMENT IN ORDER TO CLAIM THE BENEFIT OF CST PURCHASE AND 'B' TO SHOW CST SALES IN HIS BOOKS. HE WILL BE LEVIED TAX @ 2% BY 'B'. INFAILURE OF NOT SUBMITTING THE 'C' FORM BY 'A' HE WILL BE CHARGED LOCAL VAT DURING HIS SALES AND BUYING TRANSACTION.
| Is This Answer Correct ? | 213 Yes | 30 No |
Post New Answer View All Answers
If a person have been appointed as a Director in more than one company, what is the rule of paying Prof. tax ? Is Directors prof .Tax has to be paid by all the Companies whre he is a director.?
If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?
over all details about tax what is mean by headge fund and detail explanation?
Explain long term capital gains and how is it different from short term capital gains?
how we can access the Tax Deduction through PAN ?.
Dear All, We are a trader and doing one E-1 sales. Supplier send the material by To-pay basis, we endorse the LR and sold to Customer. Customer has given the purchase order for Basic amount and freight amount also. That means we have to pay the freight and getting the reimbursement from customer. In E-1 sales Invoice can we show the freight amount separtely as freight ? Since the customer need the freight head should be shown separetly. Or can we raise the separate debit note for this. Is it create any tax implifications in E-1? Please claify the same at the earliest. regards Regards Thananjeyan.P
if am registered dealer & i am using road permit, i have to pay entry tax, which goods, I am receving in jammu
what is the Difference between Compound Sales and Deemed Sales?
what do u meant by investment banking
WHAT IS THE DIFFERED ASSET , WHAT IS THE PROVISION OF IT GIVT ME THE EXAMPLE WITH ENTERY ON MY E.MAIL sonidilip87@yahoo.com
Who are non resident?
Explain deferred tax asset?
how form h fill up?
anybody pls tell me about the service tax
what is the circle of tds and its rate chart
