aarti thakkar (audit assistant) (43 Points)
25 February 2011
sundaresan
(partner)
(288 Points)
Replied 25 February 2011
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Hey When sale with out Form 'C'' the applicable rate is 1. Actual rate in the State to the Commodity. 2. Highest rate though the commodity not found in the rate card. you not mentioned you state so cant able to give exact solution.
Originally posted by : aarti thakkar |
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hey anyone plz help me out this Actually from gujarat we make sell out of gujarat of solar home lighting systems which is purchased in gujaret at 5% and we sell it without "C" form so what is the rate for cst? |
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DAYANANDA K N
(ACCOUNTS EXCECUTIVE)
(575 Points)
Replied 26 February 2011
If you are making a interestate sale without form C than applicalbe rate will be "rate applicalbe if the same goods is sold with in the state".
In your case since you have bought goods at 5% which is rate applicable for sale within state same rate is applicable when you sell it out side the state with out form C.
Regards
Dayananda
tme s limted,bt drms r unlmtd
(Mba ( fin.) Ca final Student)
(257 Points)
Replied 26 February 2011
If the rate in the state is 5% the rate outside the state with out C form is 5%
Means you cant charge the Tax more than the rate which you are charged in the state.
DAYANANDA K N
(ACCOUNTS EXCECUTIVE)
(575 Points)
Replied 01 March 2011
Yes in case of Non Form C transations you can not charge rate more than the charged for the same transaction with in the state.
Regards
Dayananda
Nitin Grover
(CS)
(1228 Points)
Replied 03 March 2011
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