Sir, I have purchased stock of 700000 from Mumbai in January 2015,20. The total bill was 735000.including 5% cst.
Now I have issued a c form in April . But the party says they can't refund money because they have already charged 5%. Am I eligible to get my 3% cst back. I am am regd. dealer with same commodity.
Please advise

From India, Hyderabad
Yes you are liable to get 3%. Because there are only two condition in cst .you will be charged 2 % if u give them c form . Otherwise you have to pay full rate of tax
From India, Gurgaon
No sir you cant get 3 % cst back. It was already paid to the department. In future you can make the cst sale against c form than pay only 2% cst in all over india
From India, Delhi
No sir you cant get 3 % cst back. It was already paid to the department. In future you can make the cst sale against c form than pay only 2% cst in all over india RIPAN SHARMA ADVOCATE 9465771515
From India, Delhi
Good Afternoon.
If the cst purchase was added in Jan FEB Or March 2015 and you gave the c form on April, definetely you will get the excess charges 3 %.
Tax Consultant.

From India , Madras
Dear Sirs,
I have problem of Interstate Purchase in cot.
My Question is we are purchase of machinery of rs 205000/- for the month of March-2014 at pune we are issued also C-form from our cot. when commercial tax officer visit our premises they told no provision for purchase of inter state purchase but we don't have knowledge of please suggested any provision for for avoiding this problem?
Please send possible suggestion.
Thank you
Naveen H J

From India, Hubli
I agree with the contention of sri RIPAN SHARMA ADVOCATE as the seller has collected the tax @ 5% and remitted to the department,you should have asked the seller before purchasing the goodds wether form c is required or not it is your mistake to issue the c form no necessary to issue the c form when the tax charged in the bill is more than 2 %
From India, Gulbarga
dear naveen.h.j I want to know wether you are registered as vat or cot if your are registered as cot dealer it is not possible to generate the c form B.Krishna murthy 9448120273
From India, Gulbarga
Dear sir You are release d/n of cst rate diffrence & issu c form less d/n
From India, Bhopal
We know that C form under CST Act can be issued under section 8 of CST Act 1956.
Section 8(1) allows goods (as defined under section 2(d) of CST Act 1956) to be sold at concessional rate of 2% if such goods satisfies the condition as mentioned in section 8(3).
Section 8(3)(b) and 8(3)(c) provides that goods (as defined in section 2(d)) can be sold at concessional rate of 2% if following conditions are fulfilled:
1) goods of the class or classes specified in the Certificate of Registration of the registered dealer purchasing the goods
2) goods are intended for
a. re-sale by him
b. use by him in the manufacture or processing of goods for sale
c. in the telecommunications network
d. in mining
e. in the generation or distribution of electricity
f. in the generation or distribution of any other form of power
g. being used for the packing of goods for sale
Section 2(d) defined goods as “goods” includes all materials, articles, commodities and all other kinds of movable property, but does not include Newspapers, actionable claims, stocks, shares and securities;
Hence as of now whenever a person purchases any goods on inter state basis for resale, or use in manufacturing of goods for sale, or use in mining, use in telecommunication network, or use in generation or distribution of electricity or any other form of power, then the purchaser is able to purchase such goods at concessional rate of 2% against C form.

From India,

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