CST 12.5% for non receipt of 'C" form

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 March 2010 It is compulsory to write Buyer's TIN/Sales Tax No. in Tax Invoice if We have made a tax invoice against sales of Chemicals for out of State @ CST 12.5% (against Non receipt of 'C' form)

Please confirm their is any penalty at Check post.

K Bala Kishan

K Bala Kishan (Expert)
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25 March 2010 It is compulsory to mention TIN /Sales Tax registration number on every tax invoice issued. CST @ 12.5% is always without C form with full tax.

If check post holds the above transaction without mentioning TIN number then the penalty levied may be 2 to 3 times of differential tax of 8.5% or 2 to 3 times on tax amount.