CST

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 December 2010 R/SIR

WHAT IS C FORM,WHOM TO ISSUE C FORM BOTH BUYER AND SELLER ISSUE C FORM EACH OTHER,CAN WE TAKE CREDIT ON VAT. PLS SOLVE MY QUERY.


THANKS

17 December 2010 1. Form C is issued in case of inter-state purchase.

2. It is issued by the buyer.

3. No you cannot take credit on VAT.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 December 2010 DEAR SIR,

THANKS FOR MY QUERY WE CAN TAKE SET-OFF ON OUT VAT.AND HOW TO ISSUE C FORM TO BUYER BEFORE PURCHASE OF ANY GOODS OR AFTER.


17 December 2010 C form is to be issued by a buyer in order to avail reduced CST rate. The form is available from the ST Dept on submission of Request from the Supplier. you need to pay a nominal fee also. After issuing C Form you are required to file a consolidated C form issue statement to the Dept. The provisions differ state by state as per the local law.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries