Query about c form

Page no : 2

MD. YOUSUF (Service) (56 Points)
Replied 07 December 2013

If the dealer has purchased goods at concessional rate of tax, he is bound to give Form - C

DWARKADAS BHANUSHALI (PROPRIETOR) (22 Points)
Replied 07 December 2013

yes.you have to give c form.

Shankha (Manager Management Audit) (14 Points)
Replied 07 December 2013

You have an option not to give C Form and pay the differential Tax

NOUFAL (ACCOUNTANT) (762 Points)
Replied 07 December 2013

You should sent it to that party. then only they can gain the c.form use.

bhupesh pant (student) (65 Points)
Replied 07 December 2013

You have to submit the c.-form to party. The time to submit is on or before quater end. In delhi c.-firm are issued by authority when u will show them anexure of your purchase, so ask the selling party for sales details with company seal and then u can obtain c.-form

prateek nanda (accountant) (25 Points)
Replied 07 December 2013

Can anybody please tell me that if Tax Invoice can be issued in case of Interstate Sale?

Ghanshyam (Articled Assistant) (41 Points)
Replied 07 December 2013

Yes u r bound to issue c form

Srinivas (CA-IPCC,MBA) (32 Points)
Replied 07 December 2013

yes you are bound to give c form

Divya Gupta (article assistence) (23 Points)
Replied 07 December 2013

Yes. U r required to give C form.

KING SUDHEEER (FINANCIAL ADVISOR) (42 Points)
Replied 08 December 2013

C form has to be supplied to pay lower Tax rates but purchased goods are within cst registration certificate.

PRIYANKA MODI (Student CA Final ) (23 Points)
Replied 09 December 2013

Yes, tax invoice can be issued , but u vil not get any benefit.

jaideep (articled assistant) (31 Points)
Replied 09 December 2013

Yes you have to issue c forms to the seller after filing ur sales tax return. The forms will be issued from the department on the basis of the return filed.!

Nikita (Student CA Final ) (226 Points)
Replied 11 December 2013

Thanks all for the response.

V. Devananda Narasimham (Advocate) (248 Points)
Replied 14 December 2013

Sirs, A registered dealer in Delhi cannot fix CST rate of his purchases from other State. The seller is liable to pay tax on Inter state sale according to Sec 8 of the CST Act. Rate of tax applicable on those goods in the appropriate State has to be considered. Anyway the selling dealer is demanding C form against his invoice in order to allow concessional rate,you are required to issue C form and collection of CST @ 1% is not a criteria to decide whether you are liable to issue C form or not. The rate of tax on local sale on those goods in that State may also consider in this case. Thank you

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