23 August 2011
When we have to submit C Form And withwhich time form c should be submitted? Is there any penalty for late submission of C Form ? Pls Explain full concept of C Form..
23 August 2011
C form is the form which issued by Register dealer under CST act to avail the concessional rate of tax @ 2% presently.. if dealer not in position to issue C form on purchase then need to pay local vat rate as CST
C form can be issued by a dealer for materials mentioned in the CST registration certificate only
presently C form online generation, you need to submit the details in your local vat website online and you can get the C form Quarterly basis
In case you fail to submit the C form you need to pay the different of taxes with applicable interest
Guest
Guest
(Expert)
23 August 2011
Pls find below link which will solve C form queries : https://www.caclubindia.com/articles/some-issues-pertaining-to-c-forms-under-cst-act-1956-6935.asp