C form

Others 606 views 3 replies

Dear Freinds,

 

can any body please educate me on C Form? What is C form?

 

please answere me friends

Replies (3)

C-Form means CST Form

i will explain with the example

suppose a purchaser from maharashtra purchases goods from any state in india excluding maharashtra. Afterwards he(purchaser) applies for C-form in his state for tax rebate & after applying he gives the counterfolio of its to the concerned supplier.

suppose if he buys machinery parts from gujarat including Vat of 12.5%, after applying for C-form he(purchaser) will pay 2% of tax amount the remaining is rebate to him.

THIS IS APPLIED TO WHOM WHO HOLD VALID CST/VAT NO. ACROSS INDIA.

C form is use in interstate sale where central sales tax is applicable as per central sale tax if you any register dealer made sale  against "C" form he paid 2% Central Sales Tax otherwise he paid 4% sales tax but its applicable when the purchaser is also a registered dealer and purchaser send them "C" form. against the sale made by them ."C" is applicable of one quater transtion when purchaser and seller is same 

C Form is Declaration form to be given on inter state purchase. If we issue C form we can avail the CST  of 2% or local rate whichever is lower. It should be given only on purchase from other state


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