What is meant by "C Form"? what are all its benefits in trading?
Where it is used and Why it is used?
Answer / maulin
whenever there is an intra-state purchase of goods, VAT or
SALES TAX(depending on the respective state government) is
charged at 4% or 12.5% as the case may be. But for
inter-state purchase of goods, CST(central Sales Tax) is to
be levied at concessional rate(2%). In order to show that
the purchase is an inter-state purchase, the purchaser will
issue c FORM to the seller. Now, the seller can charge CST
instead of VAT or SALES TAX. Also, the seller cannot get any
VAT credit against CST. CST is the revenue of the state of
seller.
Is This Answer Correct ? | 75 Yes | 14 No |
Tell me what are your long term career goals?
What is your U.S. geographic preference?
What major clients have you closed over the last 4 months?
what is expectation about salary?
3 Answers Ajanta Pharma, MSN, Pepsi,
what are social responsibilities of a company.
What is meant by B E group shares?
What is outside sales? How is it different from indoor sales?
Do you think you have excellent convincing skills to motivate a customer to buy your products?
what is the way your business
What type of sales cycle is most rewarding to you? A long cycle for a big ticket item or a series of smaller, more frequent sales.
what are the key role of a sales person?
Suppose you need to conduct a small marketing research study in your neighborhood regarding the purchase and use of detergent powders. What will be your approach in the process? (4 marks)