what do you mean by C form , meaning and example
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Answer / s.k.karn
This is the Basic Form used by the Registered Dealers in the course of Interstate trade or commerce. All the registered dealers will issue 'Form C' at the time of purchasing goods or service from another Registered dealer. The issue of 'Form C' by the selling dealer will ensure that the goods being purchased are covered under his registration certificate and the CST can be charged at lower rates. The selling dealer, on the basis of this 'Form C', charges CST @ 2% or lower rate as applicable and submits the same to his assessing authorities as a proof or cause for lower collection of CST.
For example: Assume that the local sales tax rate is 4%. The sales made in the course of interstate trade, will attract levy of CST at the rates as applicable for local sales. But for any registered dealer on submission of declaration in 'Form C', the CST will be charged at 2% (4% or 2% which ever is lower). Even the registered dealer will be required to pay CST at local sales tax rates if 'Form C' is not issued.
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Answer / srinivasan
c" form is the form issued by buyer to the supplier when
the purchase transaction is on 'cst' basis. purchased from
out of state. but not get it for VAT for only inter state
out state only applicable for CST ....Import & Export linking C form ...
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / vijay mali
C form is a Form supplied by Vat office of the Purchasing dealer having CST registration.
2. C form is used to get goods purchased from outside the state at concessional rate of Central Sales Tax.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / sambasiva
"c" form is the form issued by buyer to the supplier when
the purchase transaction is on 'cst' basis(purchased from
out of state). The form is issued by commertial tax office
on providing the 'cst' purchase details by the buyer.and the form is used to reduce the tax burden of
VAT i.e local sales tax . if 'C' form is issued by the
buyer then buyer can only bear CST of 2% and VAT of local
tax excluded
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Answer / shashi yadav
c form is related to CST or Central Sales Tax which is applicable all over india, one state to another stae. c form is issued by registered dealer (purchaser) to another registered dealer (seller), as you know cst rate is 2%. if purchaser not issue c form then he suffered loss because he has to pay high rate of tax like 4% or 12.5 Vat. so c form is help save the tax and proof of purchase or sales with registered dealer
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Answer / lokesh kumar
C form is a certificate issued by the registered purchaser of the goods of any state to the registered seller of other state. In 'C' forms the value of purchases is declared by the purchaser. The lesser amount of Central Sales Tax is charged on central sale if the purchaser issues the 'C' form.
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Answer / alexpandian
;c' form is out sate purchase in rate tax in seller give the 'c'form so you can given to the c form
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Answer / jejeswara reddy
"c" form is the form issued by buyer to supplier the
purchase transaction is on CST based.when the purchase from
out of state. the purchase details by the buyer,CST OF 2%
local VAT Excluded.c-form issued by the commercial tax
officer.buyer not issue c-form he will be paid double rate
of tax. CST Value after year will be refund.
| Is This Answer Correct ? | 2 Yes | 6 No |
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