Form F

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Tamilarasan

Tamilarasan (Querist)
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12 November 2016 what purpose using form F sales tax and how I show in annexure no.

A. Sankaranarayana

A. Sankaranarayana (Expert)
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13 November 2016 Dear Mr. - Form F is as per CST Act, 1956. When a dealer sells the goods to its own branches in other state, need not charge CST, just get F Form from the receiving branch. Like that, Goods send by Principal to his agent in other state, Receving agent give F form to the Pricnipal. Head Office to branch or branch to branch is not a transaction as per Income Tax point of view, but in Sales Tax point view, it is one of the commercial transaction.