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what is vat?
what is excise?
what is form c & d in sales tax?
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Answer Posted / chanchal
for getting benefit of Tax saving A registered dealer issue
form C,but frm where we get it and wat d speciality of form
c which makes it a tax saving instrument.plzzz gve me answer
| Is This Answer Correct ? | 0 Yes | 3 No |
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The company i approached asked me that they are registered Manufacturer to market fire extinguishers. They have both VAT & CST registration. When they supply material out of state i.e. under "C" form, to a Dealer who is also registered with CST and who can issue "C" form but for product paint. Will the "C" form issued by the Dealer be acceptable to us. What law governs, since the dealer is not registered to trade in Fire Extinguishers? In the first instance will he be able to issue "C" form at all i.e. Will the government allow him to issue "C" Form, if so under what norms? In the case that my company is the Dealer and registered for trading in Paint and we are taking Fire Extinguisher Dealership will I get set-off in "C" form for purchase and Sale. Kindly let me know on russel.raphael@gmail.com
