is it necessary to get registered under CST act to buy goods from interstate for his self consumption,
if not then how can one get relaxation of Lower tax rate (i.e., 3% against Form"C")
11 Replies
o.velavan
(CHARTERED ACCOUNTANT)
(212 Points)
Replied 14 February 2008
Usually c form is issued for goods purchased which are used to produce or process the taxable goods.Hence in your it is not possible to avail the tax benefit.
Vijay K. Agrawal
(Service)
(608 Points)
Replied 20 February 2008
Dear Vikasji,
you know for self consumption you can not issue c form.
CA Amit Gaur
(41 Points)
Replied 23 February 2008
it is not necessary to get registered if anyone is only purchasing goods for self consumption and because you are not registered, you cannot issue 'c' form and so you have to pay full amount of tax. 'c' form can only be issued agst the material which is used in manufacture or is held for resale.
Aditya M
(Student)
(166 Points)
Replied 28 February 2008
that makes sense.. why would registration be necessary.. the final consumer is you so you do not need to register..
Mandeep Singh
(Service)
(124 Points)
Replied 14 March 2008
Can we issue C forms for purchase of Spares and machines for installation of power distribution transformer in our plant if we are are engaged in production of FMCG products?
Vijay K. Agrawal
(Service)
(608 Points)
Replied 14 March 2008
Yes, you can issue C form for Procurement of Power Distribution Transformer.
CA. O.P. Agarwalla
(C.A.)
(2916 Points)
Replied 29 September 2008
| Originally posted by :Mandeep Singh | ||
| " | Can we issue C forms for purchase of Spares and machines for installation of power distribution transformer in our plant if we are are engaged in production of FMCG products? | " |
Yes, you can issue C form, but before making purchases, please ensure that the class of such goods are included in your RC.
CA. O.P. Agarwalla
(C.A.)
(2916 Points)
Replied 29 September 2008
| Originally posted by :Mandeep Singh | ||
| " | Can we issue C forms for purchase of Spares and machines for installation of power distribution transformer in our plant if we are are engaged in production of FMCG products? | " |
Yes, you can issue C form, but before making purchases, please ensure that the class of such goods are included in your RC.
Recent Topics
- Course validity query
- Change in Rule 19(1) under GST
- Change in Rule 87(4) under GST
- What is Rule 16A under GST?
- Any notification or circular for implementation of
- "Form 26QB Filed with 1% TDS for Invalid PAN
- What will be the qualification of mentors in a IAS
- Professional Tax Karnatak
- Issue related to itr u
- TDS rate on deposits
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
