is it necessary to get registered under CST act to buy goods from interstate for his self consumption,
if not then how can one get relaxation of Lower tax rate (i.e., 3% against Form"C")
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Replies (11)
It s gud que
Let s find out
Usually c form is issued for goods purchased which are used to produce or process the taxable goods.Hence in your it is not possible to avail the tax benefit.
Am Collect the 'C' Form , I want issue E1 Form Not.
Dear Vikasji,
you know for self consumption you can not issue c form.
it is not necessary to get registered if anyone is only purchasing goods for self consumption and because you are not registered, you cannot issue 'c' form and so you have to pay full amount of tax. 'c' form can only be issued agst the material which is used in manufacture or is held for resale.
that makes sense.. why would registration be necessary.. the final consumer is you so you do not need to register..
Can we issue C forms for purchase of Spares and machines for installation of power distribution transformer in our plant if we are are engaged in production of FMCG products?
Yes, you can issue C form for Procurement of Power Distribution Transformer.
| Originally posted by :Mandeep Singh | ||
| " | Can we issue C forms for purchase of Spares and machines for installation of power distribution transformer in our plant if we are are engaged in production of FMCG products? | " |
Yes, you can issue C form, but before making purchases, please ensure that the class of such goods are included in your RC.
| Originally posted by :Mandeep Singh | ||
| " | Can we issue C forms for purchase of Spares and machines for installation of power distribution transformer in our plant if we are are engaged in production of FMCG products? | " |
Yes, you can issue C form, but before making purchases, please ensure that the class of such goods are included in your RC.
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