CST 2% against C form,Cst 12.5 % without c form, why
government is in loss with C form?
- 12 Answers
- 112127 Views
- Erico Labs, Hero MotoCorp, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / ca dharmendra
Dear, The Concept of C form is Originated to catch
duplication of Taxes in Diff State,, As per the the Legal
Concept TAX is to be credited to STATE where the Goods is
Finally consumed or Used..
So in case of Interstate, The State Govt is getting nominal
2% and the End user state will get the subsquent local VAT.
| Is This Answer Correct ? | 148 Yes | 31 No |
Answer / meena rawat
the concept of intoducing the c form is to encourage
interstate transaction with registered dealers.
if dealer do transaction through c form then only 2 % is
the tax liability, and when dealer did not used any c form
then the tax liabilty is equilant to lacal sales tax. by
this government is encouraging to do the transaction throgh
registered dealers only
| Is This Answer Correct ? | 96 Yes | 28 No |
Answer / nishith
Hello Everyone, I Just Came To Know That If The Purchaser Cannot Issue The C Form Than The CST Would Be 5%.
Any One Have A Idea Of This???
Please Comment.
| Is This Answer Correct ? | 40 Yes | 11 No |
Answer / ratan das
The main reasons of introducing Form C are
1) to encourage interstate transaction
2)And to reduce cost of product to end user state.
3)to encourage manufacture of manufacturing company of the
state as well as turnover.
4)to increase turnover of backward state/union territory by
allowing exemption of CST
| Is This Answer Correct ? | 34 Yes | 7 No |
Answer / sonu
Sir,We purchase a cvcf electornic item form central sale on
2 % against c-form,Wants to sale on local on full rate can u
tell me the full rate on same product for local sale
| Is This Answer Correct ? | 25 Yes | 4 No |
Answer / mohd. furqan
the concept of intoducing the c form is to encourage
interstate transaction with registered dealers.
if dealer do transaction through c form then only 2 % is
the tax liability, and when dealer did not used any c form
then the tax liabilty is equilant to lacal sales tax. by
this government is encouraging to do the transaction throgh
registered dealers only
| Is This Answer Correct ? | 14 Yes | 4 No |
Answer / anil maurya....ctc
as per as the provisions that c form would be filled as the
period of f.y when sale will across the state but different
from local sale value of output units bcs of state formed
tax policy according to their considering facts of per
capita income and real money power in respect of goods and
services which effect on govt. budget,monentry policy and
as well as fiscal policy.
| Is This Answer Correct ? | 17 Yes | 8 No |
Answer / sony
if we taken cst for not applicable goods what is effcect for the purchsed dealer ,whether its loss to dealer or not
awiting for replay
| Is This Answer Correct ? | 11 Yes | 3 No |
Answer / gayatri
What is the rate cst rate is applicable without produce c form -the sale from telangana to ap.
(We are manufacturing of electronics capacitor,mpp film)vat @ 5% is charging
But our sales tax dept is charging 14.50% without c forms-the vat rate is which ever is higher in local state.
Pl. Clarify the same
Regards
Gayatri
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / vandan
Cst charged at regular vat rate ie. 5% can be set off against state vat as a input vat ???
Yes
No.
| Is This Answer Correct ? | 0 Yes | 0 No |
Form No.27A, I think it is a TDS oriented Form. But for what purpose and why this Form is use?
updated rates of sales tax & VAT in Maharashtra
I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.
Can we take back/rebate the excise duty which already paid on export sales? If yes, please guide me a procedure.
what is sales tax-meaning,rates of various heads,procedure,all form of various sales tax heads, complete information about sales tax?
i want know central excise duty codes with cess?
A is a seller from Hyderabad and Bayer is also from Hyderabad. can issue the c form?
Can u provided all the dues date and depositing date which are used in general manner or Income tax..
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
WHAT IS CST & WHAT IT'S RATE ?
8 Answers Bombay Rayon Fashions,
What is the applicable rate of service tax on work of construction company i.e. real estate developer company plz improve my knowledge about it.
11 Answers Apex, Real Estate, Traders,
For what Purpose we should pay Profession Tax? After paying Profession Tax we can get benefit for personnel return filling? If Yes? than where?
Audit 
