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If seller sale exempted goods outside the state then "c form" is necessary or not?
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Answer Posted / abhivirthi tax and industrial
Inter-State sales covered by valid C Forms were liable for taxation at the rate of 3 per cent with effect from 1.1.2007 to 31.5.2008 and at the rate of 2 per cent with effect from 1.6.2008. Inter-State sales not covered by C Forms were liable for taxation at the local Value Added Tax rates of the appropriate States i.e. local VAT Rates.
Thus the C Forms were used only to avail concessional rate of tax.
If the goods sold were exempted there is no provision to levy tax and availing of concession rate of 2% does not arise and hence if the seller sells exempted goods outside the state, C Form is not necessary.
In simple C form not necessary for exempted sale.
Reply From:
ABHIVIRTHI Tax and Industrial Consultancy
R.R.JAGADEESAN
VAT PRACTITIONER AND INDUSTRIAL CONSULTANT
H-63, Palaami Enclave, New Natham Road,
Madurai-625014.
Website: www.abhivirthi.blogspot.com
Cell: 9994990599
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