SALE TAX

Save Share

This query is : Resolved

Ashish (Querist)
Follow

06 February 2010 1 )can anyone tell me about why govt. issue "C FORM" to the dealer ?

2) what is the benefit of govt. for issuance the c form, In this only benefit of dealers rather than govt. so why issue govt.?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

06 February 2010 To keep proper control the benefits availed by dealer through C form and avoid tax evasion

Rahul Gupta

Rahul Gupta (Expert)
Follow

07 February 2010 C Form is issued by the govt.in case of Inter state sales(Central Sales) to the purchaser who will transfer it to the seller so as to claim the tax reduction.

C form is issued in order to assess the sales tax at reduced rates.

This is one the way of the govt. to give benefit to the dealers dealing in different states.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!