why issue c form? what is procedure of issuing 'c' form?
Answers were Sorted based on User's Feedback
Answer / viswanath
Because to purchase at concessional rate of 2% instead of
normal rate, First we have to received from the department
then issued to seller from other state if it bought at 2%
instead of Normal rate.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / arun
When sale and purchase takes place between two registered
dealers carrying out business in two different states. Also
C form can be issued only if the goods falls under taxable
category as per state VAT. C form cannot be issued if the
goods are exempted as per state VAT / exported or falls
under any of the exempted categoy as menitoned in sec 6 of
the act. Sectin 8 of the CST act prescribes the rate of 2%
further CST act is not applicable to state of Jammu and
Kashmir
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / raj
C form issued by purchaser to purchase goods with lower tax that is only 2% to the seller in legally
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / dilip rai
my question is there is any cst purchase how much amount is provided to registered dealer above 50000 or not mandatory of Amount any amount is considered.It may be any amount just you look the Enter state sale or not
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / jignesh k prajapati
When a sale takes place between persons residing in two
different states, Central Sales Tax (CST) is levied. It is
because, VAT can be levied only on local sales.
Form C is issued by the dealer for purchasing goods from a
dealer outside the state in which he resides. The effect can
be understood by looking at following example:
IF Mr A Registered Dealer in Hyderabad (AP) wants to
purchase goods from Mr B a registered dealer in Mumbai
(Maharashtra).Mr B who is selling the goods will charge CST
at 12.5% on the goods. If Mr A issues him "C" Form then Mr B
should Charge him CST @ 2%; so Mr A is Saving Tax. That is,
if a inter-state sale transaction takes place between
unregistered dealers, CST charged would be higher.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / karthikeyan
C forms can be issued only to a dealer if
1) if he resales the goods as such
2) if he uses the goods for use in manufacture, for
Sale of goods only.
3)C forms should not be issued to dealers who does
not manufacture goods
4)C forms should be obtained within the financial year itself(depends on state to state policies)
5) Annual Return dealers are not eligible for C forms
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rupang j desai
When occasions of movement of goods commence from one state to another state it should be treated as Inter state sales and within the meaning of CST Act section 3a and is effected by a transfer of documents of title to the goods during their movement from one State to another which is fall under sec.3b
| Is This Answer Correct ? | 0 Yes | 0 No |
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