VAT RATE & CST RATE with Form & Without Form

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Rajeev Ranjan (Querist)
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31 March 2010 Dear Sir,

We are distributor of Semi Conductor Fuses and HRC Fues in Delhi....

Excise Commodity No. 85361090 & 85351040

Kindly suggest the VAT rate.

Also suggest If we sale out side of Delhi what rate of CST Charged without Form or with Form....

Regards

Rajeev Ranjan

K Bala Kishan

K Bala Kishan (Expert)
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31 March 2010 Hi Rajeev,

For Semi Conductor Fuses and HRC Fuses in Delhi it is 4% rate of local tax.

If you are doing CST Sales (Interstate sale) from Delhi to other state, then

with full rate of tax i.e., 4% without 'C' form
With 2% rate of tax i.e., 2% with 'C' form

You can charge 4% without form 'C' or 2% with form 'C'. where for 4%, you will not receive any 'C' form from your customer and for 2% you will receive concessional rate with form 'C'.

I suggest you to charge 2% with form 'C' and claim the concessional rate of tax.

Regards,
balu

Rajeev Ranjan

Rajeev Ranjan (Querist)
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01 April 2010 Dear Kishan Sir,

At present time in Delhi VAT rate is 5% then what rate of CST should we charged with form and without form...

Please suggest..

Regards

Rajeev Ranjan

K Bala Kishan

K Bala Kishan (Expert)
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01 April 2010 I suggest you to charge 2% with form 'C' and claim the concessional rate of tax.

Please find out from the local authority because CST act in general suggests 2% with form "C". Otherwise if any concessional rates applicable for cst sales against form, please find out form the sales tax authority in Delhi at your place.

Rajeev Ranjan

Rajeev Ranjan (Querist)
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02 April 2010 Pl.