ADVOCATE
7557 Points
Joined October 2010
Mr Tiwari,
CST Number is needed to import materials from other states to your state for trading/manufacturing etc.,
The benefit of CST is to avail the concessional rate of levy by the other state supplier in his bill. That is, if the rate of tax of a particular product is 14.5% or 12.5 % in other state, then the supplier will charge only 2% CST and so, you will be benefited minimum 10.5% tax by issuing C form to the party supplied the material to you. This C form has to be obtained from your sales tax circle by paying fees.
Regarding way bill, there are two types. One is your own state way bill ; for any material received from other state to your state, your sales tax dept would have prescribed certain waybill (manual or online) like wise the other state supplier will use his own state waybill road permit form for sending the materials to you. Waybill forms are for movement of goods from one state to another state.
You have purchased material from kolkatta, means, without cst number the party would have charged full vat rate in his bill. So, for concession, please refer my first para.
rengaraj r.k