Hi all! Can u please tell me that what are the major statutory compliances along with their due dates to be done under Central Sales Tax Act.
1 Replies
Sorabh Gupta
(Manager ( Taxation ))
(877 Points)
Replied 20 June 2009
Ruchika
Following complinaces under CST act. -:
- Every dealer liable to pay Central Sales Tax has to register himself with sales tax authority in prescribed form ‘A’ as per CST (Registration and Turnover) Rules; within 30 days from the date when dealer becomes liable to CST
- The Registering authority can ask for proper security from the applicant . Other documents required at the time of registration vary from State to State
- After he is satisfied and after obtaining required security, the dealer will be issued a Certificate of Registration in prescribed form ‘B’. A copy of the same will be issued for every additional place of business in the State.
- A dealer has to issue certain declarations in prescribed forms to buyers/sellers. These forms are forms C, E-I, E-II, F and H which are printed and supplied by Sales Tax authorities and are supplied by them.
C Form used for SALE AT CONCESSIONAL RATE
E-I & E-II form used for SUBSEQUENT SALE
F Form used for Stock Tranfer
H Form used for Export
- Due date for the payment of CST is as per the due date of VAT.
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