Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


why issue c form? what is procedure of issuing 'c' form?

Answers were Sorted based on User's Feedback



why issue c form? what is procedure of issuing 'c' form?..

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

why issue c form? what is procedure of issuing 'c' form?..

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

why issue c form? what is procedure of issuing 'c' form?..

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

why issue c form? what is procedure of issuing 'c' form?..

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

why issue c form? what is procedure of issuing 'c' form?..

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

why issue c form? what is procedure of issuing 'c' form?..

Answer / a

Same as Above

Is This Answer Correct ?    0 Yes 0 No

why issue c form? what is procedure of issuing 'c' form?..

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

why issue c form? what is procedure of issuing 'c' form?..

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

Post New Answer

More Taxation Interview Questions

Any body tell me about VAT (Karnataka)shortly because, iam reading vat book but iam not able to understand that. if any body tell me shortly about karnataka vat, retursn, tax collectng, tax payment, CENVAT utilizing etc. pleseeeeee

0 Answers  


Service tax on rent (immovable property)?

1 Answers   Reliance,


How much is the tax & surcharge % against d-1 form. on cement,steel,electrical item,RMC,

1 Answers  


What is the form H in case of sale to export? what is the sale against form "H"?

2 Answers   Delta,


why is service tax set off is consider while calculating wct tds

0 Answers  


WHAT IS MEANT BY CST? DO THE SUPPLIER CLAIM CST 2% FROM THE PURCHASER? WHAT ARE ALL THE RULES TO BE FOLLOW WHILE THE BUYER PURCHASE A 'C'FORM FROM THE CTO?

0 Answers  


How to make a bill of software sale with service tax?

0 Answers  


What is service tax?how deduct service tax?

2 Answers  


If a person purchased goods by paying vat but while selling no vat has been collected and if he is registering his firm under vat need to pay vat after registration?

0 Answers  


Hi, When your orgnization is applicable for VAT payment..? Payment date of VAT ? Return date of VAT ? What is VAT Summary..?? What is Vat Set off ?? Which Entry to be passed after filing return or payment..??? I will be very thankful to you if anyone can give the detail in short how to file VAT return..? which form etc..?????

1 Answers  


What is cst if there is C from customer, Sale is from AP TO MP, Product is cooling machine.

6 Answers  


what is tcs

2 Answers  


Categories