Please say me what is C form.It importance for Seller & Buyer.It importance in Taxation.Please Gide Me.Please say me how to account C form Entry in Tally.If material Sold to Delhi Party.He says we will issue C form.Please Guide.
02 January 2010
IN interstate sales, registered dealers will get some benefits. if u r making any sales outside your state, you are required to charge CST @ 2% IF the customer agreed to give you C form. Same way u can also make purchases outside your state by giving C form and you are required to pay CST @ 2%. Form C to be issued to the customer quarterly. You need to collect the same from your commercial tax office
CAclubindia
