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What Is Form C Used For, In Case Of Central Sales Tax (cst)? |
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Answer» As per CST Act, sales tax on inter-state sales is 4% or sales tax rate for sale within the state, WHICHEVER is lower, is applicable, when the sale is made to a registered DEALER and the goods are covered in the registration certificate of the purchasing dealer. Otherwise, the tax is higher, i.e 10% or tax leviable on sale of goods INSIDE the state, whichever is higher. This CONCESSIONAL rate is applicable only if the purchasing dealer submits a declaration in prescribed C Form. As per CST Act, sales tax on inter-state sales is 4% or sales tax rate for sale within the state, whichever is lower, is applicable, when the sale is made to a registered dealer and the goods are covered in the registration certificate of the purchasing dealer. Otherwise, the tax is higher, i.e 10% or tax leviable on sale of goods inside the state, whichever is higher. This concessional rate is applicable only if the purchasing dealer submits a declaration in prescribed C Form. |
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