Go Ad-Free on CAclubindia with Daily Mobile Updates. Subscribe Now!

What is CST without Form-C

Ganesh (Accountant) (72 Points)

23 May 2008

Hello!

Right now, CST is 3% with Form-C, what is CST, with out Form-C?

Particularly in Andhra Pradesh, Maharashtra & Gujarat?

Reply
Follow
Share

47 Replies

biren thakkar (accounts manager) (231 Points)
Replied 23 May 2008

Dear Ganesh,

cst is a interstate sales tax, The cst without c form is depends on the commodity & its tax to be levied on that particular state where the goods are sent.

for e.g

if a dealer in maharashtra sales goods dealer against c form.then he will charge 3% on sale.

in the same case the delhi dealer is not giving the c form or an unregistered dealer & the local vat rate on that commodity in maharashtra is 4%, then the dealer in maharashtra will treat the sale is local sale & charge 4% on sale value.

Upgrade to CAclubindia Pro. Subscribe Now!

(Guest)

I want to know the information

1. What are all the commodities come under get the exemtion for C Form?

Ganesh (Accountant) (72 Points)
Replied 24 May 2008

Dear Mr. Biren,

My question is that

I've sold an Item/Commodity to outside state dealer of my state, whether he was registered/unregistered at CTO, for not issuing Form-C, how much of CST I've to collect from that party.

Bhavin (student) (20 Points)
Replied 02 June 2008

Dear Sir

I Query about if transaction against C form. But C Form not collected from salaes tax office so, what implication in VAT Audit ?

biren thakkar (accounts manager) (231 Points)
Replied 03 June 2008

Dear Ganesh,

You have to check has CST TIN no for the registration, if the party is registered but not ready to give the c form, then you have to take the differance rate betwwen 3% cst & the commodity rate in your state what you had sold.

Upgrade to CAclubindia Pro. Subscribe Now!

biren thakkar (accounts manager) (231 Points)
Replied 03 June 2008

Dear Veeresh,

I assume that your query is for Maharashtra state, so go through thier site, www.vat.maharashtra.gov.in there go to the Central Sales Tax act 1956. you will find the necessary details.

biren thakkar (accounts manager) (231 Points)
Replied 03 June 2008

Dear Bhavin,

Your query is not clear, if the Form "c" is not collected from the office, then you have to take it immediatly. because to the party whom you are issuing the Form "C" may be wanted on urgent basis. In vat Audit you cant show as form issued because the details in audit form are of what forms you had issued during the year.

srinivasulu (Accountant) (63 Points)
Replied 05 June 2008

If anyone not giving form "C" he will be traed as Un registerd dealer and tax rate will be applicable Local tax or 3% which ever is high.

(Guest)

AGAINST FORM 'C' 2% CST , BUT WITHOUT FORM 'C' @ ?

(Guest)

CST 2% BUT WITHOUT FORM 'C' @ % ?

Upgrade to CAclubindia Pro. Subscribe Now!

(Guest)

what is rate of tax(CST) on Medical Equipment and Global Positing systems

without C form

(Guest)

What is CST ?

CA Ravish Trivedi (The Possibilities are Infinite...) (772 Points)
Replied 30 August 2008

when goods are sold without C form it is traered as sell to unregistered dealer and state local sales tax or vat rate for that particular item will ve charged.

M P Singh (Service - Finance & Taxation) (180 Points)
Replied 01 September 2008

Originally posted by :Raveesh

Hi Friends ,

In case of CST purchases If the purchaser unable to issue C -form to the vendor than Vendor has to charge the sales tax equal to the applicable VAT rate on the goods in the selling state .

Regards,

M P Singh