IN CST WHAT IS THE C FORM, WHO HAVE TO SUBMIT THIS FORM, IF NOT SUBMITS, HOW, ONE OF THE SELLER IS ASKING C FORM, FOR THE SAME QUARTER WE TAKE 2 TIMES OR NOT
07 June 2012
Mr Srinivas, When a registered dealer sells some goods to a registered dealer in another state the buying dealer issues 'C' form to the seller for getting the CST reduced to 2%.Without 'C' form full rate of tax is to be charged as applicable to the concerned goods. It should be furnished within 3 months of purchase. Non-submission or delayed submission would result in payment of full tax with interest on the difference....MJK
CAclubindia
