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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 / n.sudhakar babu

C Form is a form which is issued for a Registered
Delear.If C Form is issued the CST will be 2% only.The
sale should be inter state sale.

Is This Answer Correct ?    377 Yes 41 No

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

Answer / santhosh

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 ?    285 Yes 29 No

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

Answer / srikant barick

FORM 'C' IS ISSUE BY SALES TAX REGISTERD UNIT FOR PURCHASE
IN LOWER RATE OF SALES TAX FROM OUTSIDE OF STATE

Is This Answer Correct ?    147 Yes 26 No

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

Answer / ramachandra

This is sales tax Form issued by Sales tax department to
the registered dealer for the purchase of goods from out
side the state at lower rate of tax. Now 2% CST is
applicable for interstate purchase against Form C. Provided
goods should be purchased for the purpose of re-sale.

Is This Answer Correct ?    83 Yes 12 No

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

Answer / pramod shukla

c form issued by registred dealer by sales tax deparment
demond by dealer .purchased covered 2% in out side u.p

Is This Answer Correct ?    58 Yes 24 No

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

Answer / rohit vaidya

C FORM IS ISSUED BY THE SALES TAX DEPT. ON DEMAND BY THE
DEALER PURCHASING THE GOODS FROM OTHER STATES. ISSUING THE
C FORM ENABLES THE BUYER TO PAY THE GOODS AT A LOWER RATE
i.e.@2% PROVIDED SUCH GOODS ARE PURCHASED FOR THE PURPOSE
OF RESALE

Is This Answer Correct ?    41 Yes 8 No

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

Answer / naveen

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 ?    27 Yes 4 No

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

Answer / javeed

When a sale takes place between persons residing in 2
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 ?    26 Yes 5 No

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

Answer / namrata jadhav

what do you mean balance sheet give me short answer

Is This Answer Correct ?    11 Yes 2 No

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

Answer / dev singh

1.bez we are purchse a item at lower rate of tax (2%)from
outside state insted of buyer is eligible to charged a
rate of tax in his state

2. I have no idea abt procedure of issuing c form but if
have any idea to any one for the same plz inform me at my
email ID : dayal.singh38@gmail.com

Is This Answer Correct ?    10 Yes 7 No

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