Non submission of 'c' forms till assessment

Hi, 

Yes in case of non submission of C forms ., the differential tax plus the interest would be levied for the same.

It is not the question whether returns filed or not?  It is the question that the dealer had filed returns stating that the sales are against form 'C' and at the time of assessment he could file 'C' forms. In these circumstances whether the dealer have to remit interest on differencial rate of tax or not?

yes you have to remit if you fail to furnish the C forms on the differential amount.

Is there any citation please

CENTRAL SALES TAX ACT 1956 9. Levy and collection of tax and penalties (Interest Rate - 2%) [[2B] If the tax payable by any dealer under this Act is not paid in time, the dealer shall be liable to pay interest for delayed payment of such tax and all the provisions relating to due date for payment of tax, rate of interest for delayed payment of tax and assessment and collection of interest for delayed payment of tax, of the General Sales Tax law of each State, shall apply in relation to due date for payment of tax, rate of interest for delayed payment of tax, and assessment and collection of interest for delayed payment of tax under this Act in such States as if the tax and the interest payable under this Act were a tax and an interest under such sales tax law.]

 

Please check your answer once again and re-submit 

Hi,

PFA CST Act, please refer to Chapter 3,Section 9, 2B. Once you have not submitted C forms, it is implied that you ought to pay tax as per VAT rates, and as you have not paid the same, it will be treated as delayed payment and interest will be charged accordingly. The above citation is perfectly alright.