Our dealer has made cst sales @ 2% for commodity code 2025 (capital goods) which is taxable at 5% on normal sales.
During cst assessment we were not able to collect c forms from some of our customers and submit to the sales tax department.
Now the sales tax department has demanded difference tax at 12.5% for the cst sales instead of 3% (normal rate 5% cst paid 2% difference of tax 3% for non submission of c form)
They argue that as we have made sales of some other commodity taxable @ 14.5% so the difference tax will be 12.5%
But all our cst sales has been made for commodity code 2025 only
CAclubindia
