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

HOW MANY FORM IS USED VAT AND CST, GIVE THEIR DETAIL E.G WHICH FORM WHERE IS USED. THANKS IN ADVANCE

0 Answers   Bharat Seats,

why direct tax to choose as a field for the career?

3 Answers   BMR Advisors,

Company Should deduct TDS or not if a company calls a Saint (Sadhu/Mahatma) for a programme like Pravachan/ Katha/ Pooja ETC ??? If yes then Tax Rate ??? Pl reply in detail with reason of deduction.

3 Answers  

What are the matheods of calculating the Head under Salaries U/s 60(c)?????

1 Answers   GE,

what is H Form

3 Answers  

My estimated income for the financial Year 2009-10 will be 485000/- please make a tax plan to escape legally from paying taxes

1 Answers  

Dear All , My TDS diducted in 2012-13, Rs.2400 2013-14 RS600 & 2014-15 1600 but i am not file any ITR till date please advise me can i claim that amt. for Income tax depart ment I am waiting you your rply

1 Answers  

what is the objective of business taxation in private company?

0 Answers   Reliance,

PURCHASE OF FIXED ASSETS THAT PURCHASE TO CLAIM THE VAT PAYMENT ?

4 Answers  

What is the procedure to intimate Change Name of Business in maharashtra Vat Act, which form to be fill.

0 Answers  

My firm issues a cheque for Rs 28000/- today towards Advocate fees to Adv. Mr X. After three months the same Adv. Mr X is paid Rs 25000/- as Adv.fees. How do I handle the tax part u/s 194J of the I.T.Act? Do I have to pay TDS on the first paid Rs 28000/- or ignore, or while paying him the 2nd cheque deduct tax on Rs 28000/+ Rs25000/= i.e., Rs 53000/=. Or on the other hand also pay Interest on TDS on Rs 28000/= for delaying the payment? Trust the issue is crystal clear?

3 Answers  

how ur caliclate fbt ?

2 Answers   BPO,