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Q.

What is the meaning of C-Form & Why it should be apply?

Tags: money, education, form
Asked by system sys, 07 Feb '13 11:16 am
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Answers (4)

1.

Form 'C' is issued from buyer to seller if the sale is made as inter-state sale. Inter-state sale refers to the sale made to the party of outside state. Agst Form 'C', seller collects CST (currently 2%) from buyer.
Answered by vikas gupta, 07 Feb '13 11:20 am

 
  
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2.

Form "C" is the form issued by buyer to seller in case of inter state sales. It is applied to prove that the buyer is a genuine and registered firm
Answered by rajnikant raiyarela, 07 Feb '13 11:23 am

 
  
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3.

Form C is in the context of inter state sales. This is a form issued by a purchaser to the seller for purchases from another state, at a concessional rate of sales tax (i think 4%). If the form is not issued, the purchaser has to pay the sales tax applicable in the state of sale. The form can be issued for each individual purchase invoice or for a group of invoices under the same purchase order, giving details of all the invoices covered by the purchase order. The form is available in the sales tax offfice of the area in which the purchaser is situated.
Answered by jameel ahmed, 07 Feb '13 11:17 am

 
  
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4.

Applicable in sales tax.
C Form is a Form issued by the sales tax department to the registered sales tax payer. If he buys any good from another registered sales tax payer and issues a c form to him. Than that other sales tax payer will not charge sales tax from him and sales tax will be collected and deposited by the c form issuer and deposited in the treasury of the govt. The other sales payer will deposit the c form to the govt. treasury. It means the issuer of the c form undertakes to pay the sales tax.
Answered by Ataur Rahman, 07 Feb '13 11:16 am

 
  
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