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manoj rathod (Querist)

17 November 2011 DEAR EXPERTS

WE HAVE PURCHASE OMS GOODS IN 2008-2009 FROM RAIPUR.PARTY CHARGED 1%CST IN THE INVOICE

THE PARTY IS DEMANDING C-FORM NOW

I THINK CST WAS 2% FOR PURCHASE AGAINST C-FORM IN 2008-2009.

THEY CHARGED CST 1% SO WE THOUGHT THAT THE PURCHASE IS NOT AGAINST C-FORM.THERE IS NO NEED TO ISSUE C-FORM

WHO IS RIGHT PARTY OR I?

THANKING YOU

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

17 November 2011 If sale transaction is against Form C than it will be 2%. Otherwise rate applicable will be same as Local VAT rate for the goods if it is sold within the state.

please Noted :

If inter-state sale of any goods is made to a registered dealer for use by him in a Unit established in any Special Economic Zone and if Form I is obtained and furnished to the assessing authority, inter-state sale is exempt from levy of tax.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)

17 November 2011 please Also read:

https://www.constructionupdate.com/News.aspx?nId=5g+9igtoFC/3lyPIlLQ4FQ==

VANDANA

VANDANA (Expert)

17 November 2011 Dear mr.Manoj,

nobody is right or wrong, now don't think about all this, you need to put a solution for this.

& as party has charged only 1% cst still you need to pay more 1% cst with C-form

& as you have not applied for C-FORM, now you'll have to pay full amount of CST As applicable on that particular goods with Interest as applicable

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