InterviewSolution
| 1. |
What Is Form C & D In Sales Tax? |
|
Answer» Form C The sales tax on inter-state sale is 4% or the applicable sales tax rate for sale WITHIN the State whichever is lower if the sale is to a dealer REGISTERED under CST and the GOODS are covered in the registration certificate of the PURCHASING dealer. The purchasing dealer is eligible to get these goods at concessional rate if a declaration in C form is submitted to the selling dealer. Form D Sale to government is taxable 4% or applicable sales tax rate for sale within the State whichever is lower. This concession on CST is applicable if Form D is issued by the government department which purchases the goods. Form C The sales tax on inter-state sale is 4% or the applicable sales tax rate for sale within the State whichever is lower if the sale is to a dealer registered under CST and the goods are covered in the registration certificate of the purchasing dealer. The purchasing dealer is eligible to get these goods at concessional rate if a declaration in C form is submitted to the selling dealer. Form D Sale to government is taxable 4% or applicable sales tax rate for sale within the State whichever is lower. This concession on CST is applicable if Form D is issued by the government department which purchases the goods. |
|