When C form issued. Whether it is issued only for purchase or sales and at what percentage on which value. Whether it is 2% on basic value of purchase or sales. whether the purchaser or seller has to issue c form, if not issued, whether he has to pay tax fully to the government? if so, how much percentage? Can anyone explain for this please? Thanks.
Menu
C-form
Replies (1)
C Form is issued for all interstate purchases for the items covered in your certificate of registration for the full value of the bill and in case of your sales through C Form you have to collect C Form from the purchaser .The rate is as applicable is 2% as of now
Recent Topic
- LTCG on unlisted foreign shares acquired in inheri
- SBI Funds Management IPO Allotment on July 17: Lis
- PF Final settlement shown in Salary Form 16 FY 26-
- ITR3 online utility: Part B TTI is populating fiel
- Sale of rural agriculture land
- How to show Capital Gain on gifted property
- TIS Glitch Alert : inflated summary
- IT returns of partners
- Challan status in Payment Failed but amount deduct
- Sec 54 exemption
Related Topics
CAclubindia
