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arc Started The Discussion:
Hi all iam new member to this forum pls let me know about C Form what is it ? when is it used ? by whom ? etc.. thanks in advance arc
Quote:
Originally Posted by arc
Hi all

iam new member to this forum

pls let me know about C Form

what is it ? when is it used ? by whom ? etc..

thanks in advance


arc
C form is issued by RD to another Rd to save 4% central sales tax
It is issued by the buyer to seller
if C forms are not issued in Time it attracts a penalty
Its importance has increased a lot and also bcos of VAT audit
arc 
hi anirudha what is RD? can share any thing more about this. sorry for the delay to reply U back thanks arc
C form is issued by the Buyer to Seller
C form is issued when Transaction made OGS (Out of State Sales or Purchase)

when we purchase or sell than CST is liable not VAT.

If anybody not issue C form to us than we have made Invoice By VAT rate (As per State RAte)
Hi ARC If u want more clarification on "C Form" pLz chek thread name 'Issuence of C Form' Rgds
when Form C is produced against buying of a goods otu side of a state, 2% CST is applicable on the goods else 4% CST is applicable on buying the goods. So form C is used to save 2% CST Pls check it.



 
 
 
 





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