Hello,
I purchased some raw materials from my x party and they already charged cst on that bill.
So is it neccassary to issue the C form that party.
Please help!
Kuldeep Thakur
if CST is charged @ 2% then C form is required,
if CST charged at full rate of VAT, then no t required,
in your bill its mentioned that you have to provide C form or not.
c form is necassary to levy CST at reduced rate of 2% otherwise it will be charged at maximum rate
Form "C" will be issued on the Total Amount of Purchases with Bifurcation of Invoice Amount, Supplier Name, Inv.No. and Dt. of Invoice. It ensure that the materials supplied / sold through c form sales to reduce the Tax component on invoice as per the provions of act.
| Originally posted by : U S Sharma | ||
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if CST is charged @ 2% then C form is required, if CST charged at full rate of VAT, then no t required, in your bill its mentioned that you have to provide C form or not. |
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Agreed .
I totally agree with karandeep.
| Originally posted by : raghavendra kuber | ||
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CON ANY ONE INFORM ME WHAT IS C -FORM , H-FORM |
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both forms are issued in relation to interstate sales, for concessional rate of CST?NIL CST
C form = issued by purchasing dealer to seller, for goods purchased at concessional rate of CST ( 2% CST in place of %% or 15%)
H form= Issued by purchasing dealer ( exporter) for goods purchased at NIL rate of CST, for onwards export outside india.
| Originally posted by : U S Sharma | ||
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Originally posted by : raghavendra kuber CON ANY ONE INFORM ME WHAT IS C -FORM , H-FORM both forms are issued in relation to interstate sales, for concessional rate of CST?NIL CST C form = issued by purchasing dealer to seller, for goods purchased at concessional rate of CST ( 2% CST in place of %% or 15%) H form= Issued by purchasing dealer ( exporter) for goods purchased at NIL rate of CST, for onwards export outside india. |
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If CST Have been charged @ 2% on bill it means not that bill is aganst C form, If a bill is Issued against C form then it must be written on Bill or PO.
i aggred with Mr.U.S. Sharma for diffrence between Form "C" & "H"
C Form is a Form issued by the sales tax department to the registered sales tax payer. If he buys any good from another registered sales tax payer and issues a c form to him. Than that other sales tax payer will not charge sales tax from him and sales tax will be collected and deposited by the c form issuer and deposited in the treasury of the govt. The other sales payer will deposit the c form to the govt. treasury. It means the issuer of the c form undertakes to pay the sales tax.
C Form is a Form issued by the sales tax department to the registered sales tax payer. If he buys any good from another registered sales tax payer and issues a c form to him. Than that other sales tax payer will not charge sales tax from him and sales tax will be collected and deposited by the c form issuer and deposited in the treasury of the govt. The other sales payer will deposit the c form to the govt. treasury. It means the issuer of the c form undertakes to pay the sales tax.
c form Provided by sales tax for interstate sale purchase and H form For Export goods ie Merchant exporters
if CST charged @ 2% in bill than Form C is necassary . otherwise no need to issue form C
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