regarding C form

2175 views 5 replies

We are dealing with pharma distribution, for purchase from andhra, they are charging cst 4%, What is the formalities to issue C form,Is it compulsory? for multiple purchase what is the procedure?In vat return where C form  issued shown?

Replies (5)
Originally posted by :kalpana hegde
" We are dealing with pharma distribution, for purchase from andhra, they are charging cst 4%, What is the formalities to issue C form,Is it compulsory? for multiple purchase what is the procedure?In vat return where C form  issued shown? "


 

Now C form can be issued only in the case of deduction of sales tax @ 2%. In u case it should to be issued.

thanks

Yes u need to issue the C form

Hi Friends

I need to issue some C forms to my suppliers, does it require to issue C form including the value of CST or excluding the amount of CST?

Dear Kalpana Madam,

As per CST Act, 1956, if goods are purchased for purpose of resale, use in the manufacture of goods for sale, packing of goods, you can issue Form-C declarations obtained from you assessing authority.  It may please be noted that vendor is required to charge CST at 2% only, if you are issued Form-C. 

It is very important to note that your CST Registration Certificate should invariably contain the list of goods which you will be buying against Form-C.  In case they are not in the Certificate, then you cannot issue Form-C.

In the VAT returns, there are provision to report the interstate purchase details.

Mr. Ravichandran,

Form-C has to be issued on the total value of the invoice which inclusive of CST.

Rgds/Dharmaraju

WE HAVE RECEIVED C FORM WITHOUT CST AMOUNT. IT IS OK AS PER CST ACT?

KINDLY CONFIRM AT THE EARLIEST

S.S. BHALE

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register