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Issuance of c form

P.N.Jagadesh (MANAGER-TAXATION ) (46 Points)

13 January 2010

can any one help me about 'C' form issuance. Is the c form to be issued for Gross amount or Sales value?. Please guide me, please give provisions of CST.

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5 Replies

(Guest)

c form should be of gross amount not net amount

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All About CST

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Rajeesh G (Asst. Accounts Manager) (51 Points)
Replied 14 January 2010

C-Form can be issued by the Purchasing Dealer to the concerned party (seller of the goods) and towards that ,first of all, you have to file an application for the same to the concerned Commercial)Tax department office of the area where you have registered your TIN. And assuming that you have your registration already done, you will have to pay Rs.3/- per challan for each form with bank charges as applicable (hardly anything to mention) to be paid to the bankers and later you will have to file the application along with the copy of the sales invoice (and not the Proforma) to the authority (The DCTO or the authorised official). They will, after their official procedure, (normally, on that date itself), will issue the C-Form in TRIPLICATE to be filled up by the purchasing dealer and from the same, one copy should be despatched, along with the payment, to the seller, another copy to the DCTO and the last one should be retained by the Purchaser.

If you are purchasing any material from out side your state, then you need to have the CST registration as well which is issued in Form B.

Hope this will suffice.

Rajeesh

RANJIT (MANAGER - ACCOUNTS) (84 Points)
Replied 05 February 2010

Dear Rajeesh,

Please can you advice me if it is possible nowadays to issue one C form for the whole year? At present I am issuing quarter-wise totally (4 C Forms) in Karnataka.

regds

Ranjit Menon

Jaideep (account) (137 Points)
Replied 20 April 2012

I have one party with holding different statetin no. I issued c form wrongly in his Bangalore (karnataka) registered tin no. instead of Indore tin no (MP). weather it is correct.