Cst rate in c form

This query is : Resolved

arvind (Querist)
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27 February 2013 I work at Jewellery Industry.
In jewellery Vat rate is 1%.

If I sell outside Maharashtra against C Form, & I dont get C Form, is there any differential tax liability at the time of business audit ???

As per my knowledge, rate charged is even below 2% which is supposed to be charged in case of C Form in other industries.

So there is no need of C Form where Local rate itself is below 2%.

Kindly clear ???

CA. Hari Kishan

CA. Hari Kishan (Expert)
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02 March 2013 Mr.arvind. Your understanding is right. Since local rate is less than the CST with C forms rates, you may not require to obtain and furnish C forms