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I want know about the type of taxes? Why a company charged
lesser tax against the 'C'form. what is th role of 'C' form
and what is the custome duty and percentage of custome duty?
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Answer Posted / srinivas rao
All the Taxes are divided into 2 types 1) Direct Taxes
2) Indirect Taxes
if a dealer in one state purchases goods from another state
for the sake of sale he get goods at lesser tax rate
against C form. But he has to sell these goods procured
against C form in the state under VAT. and deposit the tax
to the local tax department(for which he was granted with
Lesser TAX rate at the time of purchase from another state)
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