02 July 2010
Form C is issued by the dealer for purchasing goods from the dealer out side the state in which he resides the effect can be understood ny looking at following example
IF Mr A Registered Dealer in Hyderabad (AP) wants to purchase goods from Mr B a registered dealer in Mumbai.Mr B who is selling the goods will charge VAT @ 4% or 12.5% on the goods if Mr A issues him "C" Form then Mr B should Charge him CST @ 2% so Mr A is SAving Tax.
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