C form

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Querist : Anonymous

Querist : Anonymous (Querist)

11 December 2010 what is form C, who issue the form, why does it issued,and what are the connection with VAT

Vishal Kakkad

Vishal Kakkad (Expert)
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12 December 2010 Form C are used in the interstate sales transaction.

Interstate Sales is normaly taxed at such rate as applicable to Local Sales within the state.

Interestate Sales against Form C to be taxed at 2% presently instead of regular rate of applicable state.

Form C to be issued by purchaser to seller. Value of Form C to be Sales Price + CST