Answer / dhaam

C-Form means which is buyer will provide to supplier, We
have to use APGSAT in AP, we sold meterial to out of AP
buyer, they need to provide C-FORM, if they provide C-FORM
Sales tax would be 4% if they will not provide C-Form We
have to collect tax 12.5%.

Answer / prashanth

If we purchase the material from out side the Andhra prdesh
states in that time buyer to be provide the c-form (Eg.cst2%
to be paid by us tax 2% on material price), otherwise we
have to pay the Local sales tax(VAT) (i.e: where we are
purchasing in that states local tax-VAT) (Eg.4% or14.5%in AP).

Answer / abhivirthi tax and industrial

The rate of tax in many States are above 5% and 14.5% for most of the commodities. If a dealer effects inter-State purchases of goods valued Rs.10000.00 without C Forms, the dealer has to pay local VAT rates as shown below:

5% 14.5%
Purchase value 10000 10000
Local VAT rate in the
absence of C Form to the
inter-State sales 500 1450
Total Sale value 10500 11450

If C Form produced for the purchases, only 2% of CST will be charged and the total purchase value will be Rs.10,200.00. In simple, instead of paying higher rate of tax the buying dealers can pay only 2% of CST and purchase goods from other States.

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.

Answer / niranjan sharma

Benifit of c form is deduction of tax over the product which
you sold out the supplier. and record of the bill of
material and quantity .

Answer / guest

Exempt of CST Tax @ 9.5%

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