what do you mean by C form , meaning and example
Answer Posted / praful charde
C form is the term used for the exemption in the sales taxe when the procurement is done between two different states. In a simple way,it acts like a concession form to reduce the state sales tax.e.g. If buyer "A" is from Maharashtra procuring from seller "B" from any other state , then he will issue a C form to the seller in three copies as original, duplicate & counter foil ( receipt copy), with this buyer bears only 2% tax for this procurement. Seller will submit this C form to the tax assessing authority and avail the exemption benefit.
If C form is not being issued then buyer has to bear full tax for the procurement i.e 14.50%
| Is This Answer Correct ? | 7 Yes | 2 No |
Post New Answer View All Answers
Sir we have maintaint RG 23 Part I Excise Register manually but we can maintaint excise register in Tally erp 9 we tray but tally not show properly RG 23 Part I Excise register like manual. please guide & solve the problme.
how to calculate entry tax interest rate 2011-2012 assessment pending amt. is Rs.32000
1. Defination of Contractor & sub contractor 2. In cash method of accounting can we claim TDS deducted on Advance Recevied from contractee.
If the the material sent for job work in outside state for job work ,what should be service tax chargeable or not if material receipt after job work done to job worker kindly suggestion
DEFINATION OF CONTRACT ACT IN PARTNER SHIP FIRM AND COMPANY?
Should WCT deduct on Invoice where VAT charged but service tax not charged as service tax is not applicable to concern vendor (vendor gross income under 10Lacs)?
In one year how many times tds, service tax, and Mvat is paid?
Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?
calculation of Tds on subcontractor
Type of form use in sales Tax
what will be my tax if i suddenly got 800000 to 1000000 in my bank by chq from sale of an old house?
do we have tds in nigeria
a x company deduct tds against our bills so how i entry this type of transaction in talyy 9.0 ?
Can any One Plz Help Me with TDS Charts & Filling? Plz Send Me All Details to My email Id: satish.0483@gmail.com Plz Its Asked to Me In My Interview Held In Coming 2 Or 3 Days
How many types of vat categoryplease tell me all type of vat categories..............