Answer Posted / abhivirthi tax and industrial

There are various Value Added Tax Rates i.e. VAT rates in various States. For example there are VAT rates at 5%, 10%, 12.5%, 14.5%, 15% and 20% and so on. If the commodities were sold locally or to other States without C Forms the VAT will be collected at the local VAT rates noted in the Schedules i.e. 5%, 10%, 12.5%, 14.5%, 15% and 20% etc.

But inter-state sales covered by C Forms were eligible for concessional rate of 2% in many States and lower in few States.

Inter-State sales made against C Forms will be eligible for taxation at the concessional rate of 2% and in such cases local VAT rates will not be applicable as noted in the Schedules.

In other words inter-State sales made without C Form and local sales made will fetch more State Revenue whereas the CST sales with C Form will fetch revenue at 2% only under the Central Sales Tax Act, 1956 and not under the Local Value Added Tax Acts.

Reply From:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, Palaami Enclave
New Natham Road
Reserve Line,
Madurai – 625014
Cell: 9994990599.

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