I want to know the liability of tax agaisnt 'C' Form if i
am not able to produce the form in front of authority.
Answer Posted / satpal nalavade
Form C is used against interstate sale transaction. C form
against vat nil but cst applicable for 2%. you are not
present c form in sales tax authority you are liable to
related product vat rate liability paid to central govement
as like your product is 4% vat rate in your state but you
are sale against form c cst 2% but C form not received so
you are laible to remaining vat liabilites for 4-2=2% cst
with interest & penalty)
| Is This Answer Correct ? | 29 Yes | 8 No |
Post New Answer View All Answers
Our company is engaged in a business of Real state developer in andhra pradesh. we want to purchase some material from other states. we have central sales tax registration. whether we are eligible for issuing a form 'c' to the supplier being a deeloper.
I AM INTO AN EXPORT COMPANY MANUFACTURING GARMENTS. I AM PURCHASING AN INTERSTSTE ITEM AND PROVIDED FORM H NOT C. COULD I BE ABLE TO GET ANY EXEMPTION FROM TAXATION AND WHEATHER I HAVE TO CLOSE MY SALES TAX ACCOUNT FOR PROVIDING FORM H, AND IF AGAIN I COULD BE GET ANY EXEMPTION FROM FORM C ISSUING FOR THE SAME COMMODITY AND SAME SUPPLIER.
Let me know the clauses (A)& (B) Of section 113 of the finance (No.2)Act2009?
cgl2012 tier1 mein 62.50 marks they or mera naam TA wali list mein tha but mainey Auditor ko 1st prefernce choose kia tha tier2 mein maths mein 142 or english mein 104.50 marks aaye but fir bhi mera naam only list4 TA main tha or mujhey DEST typing test dena parha i want to know that agar main TA k liye typing test pass ahi kar pata to kya mujhey koi bhi post milegi. pls anybody knows tell me.
what is sales tax assesment or annuel return company and how to do end of the finiancial year and what is form no 240.
The Depreciation Rate for Heavy Equipments like cranes (used in the construction of bridges, flyovers etc ... ) is 30% as per the companies act. If i buy a crane for Rs. 10 Lakh and claim depreciation the cost of the crane in the 2nd year is 7 Lakh and in the 3rd year it is 4.9 Lakh and in the 4th year it is 3.4 Lakh ...... Can i re-value the crane in the 5th year to the 2nd hand market price of Rs. 20 Lakh and claim depreciation on it @ 30% ? (Cost of crane in 6th Year now is 20 Lakh - 6 Lakh = 14 Lakh )
what is central excise tax
how to calculate tax for the income earners
I want to know the TDS ammount which deducted by company.
Daily announced price of Gold. this price is included vat ya without vat. pls give me solution.
what is form 8? what are all the details to be collected while buying c form
what is the rule of TDS Deduction for Pvt Ltd Company ??? And What rule of not TDS Deduct for PVT LTD company ???
I want to know how to calculate VAT / WCT Liability under composition scheme and regular scheme at Karnataka
what is the prime cost? and factory cost how to calculate it?
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?