C form

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I know basics abt C form......But wil nybody explain How it use in practice.....means I wanna to purchase goods from another state.......what should I do regarding C Form

Replies (2)

CST & C Form is a subject of Interstate Purchase & Sales

if you want to about C Form then first you need to know about Central Sales Tax

basic about C Form, if you want to purchase or sales from other state for reducing tax you have to give or collect C form @ 2% CST including tax otherwise you have to pay or collect local tax whichever applicable to your product and state

for purchase against C form @ 2% or without @ 5% input tax credit is not eligible or in other words you can not take ITC of Interstate purchase

 

CST & C Form is a subject of Interstate Purchase & Sales

if you want to about C Form then first you need to know about Central Sales Tax

basic about C Form, if you want to purchase or sales from other state for reducing tax you have to give or collect C form @ 2% CST including tax otherwise you have to pay or collect local tax whichever applicable to your product and state

for purchase against C form @ 2% or without @ 5% input tax credit is not eligible or in other words you can not take ITC of Interstate purchase

 


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