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what is Form "C"
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Answer / abhivirthi tax and industrial
Dealers effecting purchases from the dealers outside the
State in India can purchase goods in two ways. One is at the
concessional rate i.e. at the rate of 2% and another is at
the enhanced normal rate of Local Value Added Tax. For the
purpose of availing concessional rate of 2% a declaration
form is required and the declaration form is called Form “C”
under the Central Sales Tax Act, 1956.
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 ? | 7 Yes | 0 No |
Answer / srinivas
C Form is a certificate issued as proof of Cst purchase.
This form can obtain from Commercial Tax Dept.Seller has
obtain this C From from the purchaser and show it the sales
tax dept to get the tax exemption.
If purchaser does not release the Form -C seller has to pay
the Tax at the time of assessment, seller has to charge the
high rate of tax to purchaser
| Is This Answer Correct ? | 2 Yes | 0 No |
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