06 October 2009
we are the seller of Garment(Shirt) and sell to a buyer who is in another state. will CST is 4%? Buyer is saying that they will only have 2% CST on the Invoice instead of 4%, for that remaining 2% they are saying that will issue C Form. (Buyer in turn will sell the goods to their Debtors).
Is that possible to issue C Form for Garment? where will apply C Form? Note: buyer is a registered CST Dealer for buying & selling garment.
07 October 2009
Your buyer is right. You can get the required C form from the officer under whose jurisdiction you are filing the returns regularly The current CST rate is not 4% but 2%.