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Cst interest penalty for non submission of c form

S.VENKADESAN (STUDENT) (28 Points)

14 May 2014

Can anyone tell CST interest Penalty for Non- Submission Of 'C' Form For the F.Y 2012-13 & 2013-14?

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3 Replies

B.N.Dharmendra (Senior Manager Indirect Taxation) (136 Points)
Replied 14 May 2014

DIFFERENCE TAX AND INTEREST AT 2% , NO PENALTY

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B.N.Dharmendra (Senior Manager Indirect Taxation) (136 Points)
Replied 14 May 2014

CENTRAL SALES TAX ACT 1956

9. Levy and collection of tax and penalties (Interest Rate - 2%)

[[2B] If the tax payable by any dealer under this Act is not paid in time, the dealer shall be liable to pay interest for delayed payment of such tax and all the provisions relating to due date for payment of tax, rate of interest for delayed payment of tax and assessment and collection of interest for delayed payment of tax, of the General Sales Tax law of each State, shall apply in relation to due date for payment of tax, rate of interest for delayed payment of tax, and assessment and collection of interest for delayed payment of tax under this Act in such States as if the tax and the interest payable under this Act were a tax and an interest under such sales tax law.]

Jigar Patel (Owner) (35 Points)
Replied 07 April 2022

I am Jigar from Q-Zora consultancy(Morbi-Gujarat), we are providing solutions to old VAT's pending C-Forms problems.

If your client's buyers do not give a CST form(C-Form and H-Form) or buyers closed their firm/company and you are not able to collect pending forms from this buyers, we help you to collect CST forms of this types of buyers, you also know that in this case the government takes very high penalties and interest, please contact us before paying interest and penalty, maybe we will help you.