Procedure for form c
This query is : Resolved
08 August 2013
What Transaction Is Taking Place Between Buyer And Seller Regarding Form C. Please Anyone can Explain The Procedure right from the sale of goods.
08 August 2013
Form C = This is a declaration by the interstate buyer that he receives material from other state to his state and he will dispose such material for the following use viz., a) Resale b) Use in manufacturing/processing c) packing materials d) generation of power,mining, communications...
For this declaration the selling dealer will charge concessional rate of 2% (for 5% or 5.5% or 14.5% as the case may be)in the bill. The buying dealer cannot claim input tax credit on this interstate purchase.
For this declaration the selling dealer will charge concessional rate of 2% (for 5% or 5.5% or 14.5% as the case may be)in the bill. The buying dealer cannot claim input tax credit on this interstate purchase.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- Can partnership firm show income under 44ad
- Banking Related Issue
- Rental income of jointly held property
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
