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Ashish Sharma (Service) (1028 Points)

19 July 2014

I have two questions

1. Is there is any limit for retail bill in CST for cash and do seller need to collect any form from retail seller 2. Can we sold goods received in c form in one state from other state, e.g. we have two branches one in Delhi and other is in Gurgaon .can we transfer goods received in Delhi on c form to Gurgaon on F form, then sale it from Gurgaon.

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Harshal Fifadra (Chartered Accountant) (1489 Points)
Replied 20 July 2014

Dear Ashish Sharma

1. There is no such limit for retail bill in CST for cash. If the product which is sold is the product which is mentioned in the registration certificate then C FORM has to be collected by the selling party (Levying 2% CST) . If the purchaser is not willing to give C FORM then the seller has to levy the rate which would have been applicable had the product been sold locally.

2. Yes you can obtain goods on C FORM and then transfer the same goods to Gurgaon branch on F FORM basis. Only condition to be fulfilled is that your company is required to be registered in the state of Haryana i.e in gurgaon. If it is not registered then you cannot transfer goods to Haryana branch on F form basis.

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