Live Course on Drafting of Appeal and Reply of Penalty Notice by CA Sachin Sinha. Register Now!!

export on c form basis

S Kumar (export exe.) (43 Points)

18 May 2010

i have two questions:

- can we as manufacturer export goods to our client on C form and apply 2% cst. is c forms valid for interstate sales resulting in export? our client will export the goods through some commission agent. so our client is not giving us form H, but is willing to give form C. is it acceptable for us?

- if form H is not given and goods are to be cleared for export by paying full sales tax, what is the percentge of CST applicable in such a case.

would appreciate your valued comments/replies

thanks in anticipation

regards,

Reply
Follow
Share

8 Replies

RAMESH KUMAR VERMA ( CS PURSUING ) (43848 Points)
Replied 18 May 2010

RAHUL JI,

C Form is used to reduction in the CST Rate i.e. 2%.
F Form is used to Transfer of Goods from One godown to
another.
H Form is used for Export Certification

THX

S Kumar (export exe.) (43 Points)
Replied 18 May 2010

dear mr. rameshji,

thanks for your reply.

can we use form-c for export goods.

also confirm what is the rate of sales tax to be charged if form H is not to be given by the exporter.

CA Mohit kumar jain (Searching Source of Money) (149 Points)
Replied 18 May 2010

if Exporter not given Form H But given C then Charge 2%

& if give Form H then not tax Chargeble

RAMESH KUMAR VERMA ( CS PURSUING ) (43848 Points)
Replied 18 May 2010

RAHUL JI,

AS FAR AS I UNDERSTAND " FORM C " IS GIVEN ON INTERSTATE SALES BASIS NOT EXPORT BASIS.

AND IF YOU WANTED TO SOLD THE GOODS TO A 100% EXPORT ORIENTED UNIT , THEN CONCERNED 100% EOU UNIT CAN REIMBURSEMENT FROM THE CONCERNED DEVELOPMENT COMMISSIONER OFFICE .

AND PLEASE NOTE THAT ARE-I & CT-I FORM ALSO SUBMIT IN THE CLAIMING EXCISE EXEMPTION .

what is the rate of sales tax to be charged if form H is not to be given by the exporter.

in this regard i wanted to inform you that for export form h issuance is mandatory.

RAMESH KUMAR VERMA ( CS PURSUING ) (43848 Points)
Replied 18 May 2010

PLEASE FIND ATTACHED MORE INFORMATION IN THE FORMS:

Following are the forms prescribed under CST (Registration and Turnover) Rules, 1957.

Form	Descripttion	Frequency
A	Application for registration	Once
B	Certificate of Registration	Once
C	Declaration by purchasing registered dealer to obtain goods at concessional rate	To be obtained for every quarter and submitted on quarterly basis
D	Form of certificate for making government purchases (D form cannot be issued in case of sale made to Government on or after 1-4-2007)	No question arises after 1-4-2007.
E-I/E-II	Certificates for sale in transit	To be obtained for every quarter and submitted on quarterly basis
F	Form by branch/consignment agent for goods received on stock transfer	Monthly, but to be submitted to authorities quarterly
G	Indemnity bond when C form lost	When required
H	Certificate of Export	Upto the time of assessment by first assessing authority.
I	Certificate by SEZ unit	Not specified in rules (but should be submitted before assessment).
J	Certificate to be issued by foreign diplomatic mission or consulate in India or the UN Agency	Upto the time of assessment by first assessing authority.

Amit Madan (Audit) (32 Points)
Replied 18 May 2010

If Party is giving u "C Form" then it doesnt matter what they are actually doing with goods whether they export it or sale it within India.

You are not bound with it.

you can accept C form from Party and make a sale @ 2% CST

Regards:

Amit

sony10 (Manufacturer) (113 Points)
Replied 18 May 2010

Originally posted by : Amit Madan
	If Party is giving u "C Form" then it doesnt matter what they are actually doing with goods whether they export it or sale it within India. You are not bound with it. you can accept C form from Party and make a sale @ 2% CST Regards: Amit