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Tax

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flora

accountant

22 Points Posted on 07 April 2012

Sir/Madam,

We are into bio pesticides and fertilizer business since 2009. We have billed to some dealers outside Andhra Pradesh with a CST of 3%. Our company accountant didn't collect C Forms from them.

Now we have received a showcause notice for AP Commercial Tax department.

Kindly help us how to approach this.

Thanks

Pushpa

Replies (1)

Sunil Kumar G

AGM Taxation

446 Points Posted on 07 April 2012

You have to submitt the C Form with assessing authority at the time of Assessment. Non submission of C Form attracts differential Tax with interest. Differential Tax means State Vat- CST Collected. No penalty can levied by the deparment.