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.

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

Answer / raj

C form issued by purchaser to purchase goods with lower tax that is only 2% to the seller in legally

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

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.

Answer / a

Same as Above

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

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

What is the invoice procedure for scrap material, which was received from our customer as sales return/warranty

3 Answers   Adani,

What are the TDS Rates for the financial year 2008-09?

2 Answers  

wct rate all over india state wise

5 Answers   DVWS, Jindal Steel and Power, Retail Hub,

which within months we took service tax input. that means 3 or 6months

1 Answers  

In the case of bank fixed deposits,t.d.s. u/s194A ,is to be deducted whether on the basis of person ,as a person earns 50000 interest on 1 fd or on fixed deposit scheme as 10fds earn 200000 interest?

0 Answers  

ANY differenece between income tax and tds

6 Answers   Amara Raja,

I am paying LIP to my daughter Rs 12500 per annum since 5 years. last year she got married. Pl advice me whether I can add her LIP payment to my savings to get Tax benifit

1 Answers  

what is the mean of payment of contract,subcontract and professional charges

1 Answers  

WHETHER WE CAN REIMBURSE SERVICE TAX?

2 Answers  

what is tds and what is what is the current rate of tds on payment of contract and payment of professional charges

2 Answers  

My unit is a manufacturing unit and deals in Auto-parts and registered in Central Excise,Service Tax and Sales Tax. Now,we intend to import machines in the company for sale them in Local market.What procedures we have to follow for the aforesaid purpose?

0 Answers   Emco,

The party has raised service bill for Rs. 120000. The TDS deductor company made TDS on Rs. 100000 i.e., Rs.20000 is deducted on the gross bill of Rs 120000. My question is whether to deduct TDS on Rs.120000 or on Rs. 100000?

5 Answers