I want to know that I am working as an Accountant in Associated India deals in Agarbathi trading in N.E.R. We bought goods from Bangalore in C Form. So, my question is can we bought goods in F Form for saving 2% CST.
07 January 2012
form F is an important form under central sales tax Act, it is used when taxable goods are transferred from head office to a branch office or vice versa otherwise than by way of sale. in short it is only branch transfer.