What is the meaning of C form? How it beneficial to Delar / Manufacturer / End user? Who can submit the C forms? What is the % of Tax will be charged on C form sales? If it is less than the VAT rate, what about the difference tax amount ( VAT - CST )?
C Forms are documents used for concessional rate of Sale Tax it is CENTRAL SALES TAX These are issued when there is an inter state sale that takes place.A registered vendor can avail this facility and submit the C forms collected against concessional Sales tax colleceted.The rates are slightly variable on the goods that can be had from the CST rates book. usually it was 4% and now it is 2% with the advaent of VAT this CST is being withdrawn slowly
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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