banner_ad

C-form

This query is : Resolved 

07 August 2014 SIR I HAVE AN INVOICE IN MY HAND AND IN THAT SALES IS MADE AGANIST "C FORM" AND AS PER MY KNOWLEDGE WHEN 'C FORM" IS ISSUED AT THAT TIME LOCAL VAT RATE IS APPLICABLE STILL IN INVOICE CST @ 2% IS LEVIED.
SO PLZ GIVE ME CLEARIFICATION ABOUT THIS CONCEPT.


10 August 2014 When you sale against C form then rate will be concessional rate of 2% depending on state to state, you have to collect C form from purchasing dealer of that particular state, if in futures fail to give c form to you then you have to pay difference tax @ 3%
U/s 6(2) of M CST act

11 August 2014 SIR I'M AN AUDIT OF FIRM IN WHICH THERE IS ONE INVOICE AGAINST C-FORM AND SO THERE IS NO VAT AND OTHER RATE TAX APPLICABLE AS TOLD BY ACCOUNTANT SO WHETHER SHOULD I RAISE QUERY OR NOT AND GOODS WERE PURCHASED FROM MAHARASTRA.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 14 May 2026
CA ARTICLE

PRAVEEN GARG & CO

Faridabad

CA Foundation

View Details
Company
11 May 2026
AUDIT INTERN

M/S K.K.KHANNA AND COMPANY

Noida

CA Foundation

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
16 May 2026
Audit clerk

mgirt & co

Bengaluru

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details