C-Form

[Former Member]

Hi,

Please let me know what is a C-Form ?

Thank you.

Regards,

Usha

[Lakshmipathi]

Dear Usha

C Form is given by the buyer to the supplier of goods in case it is an out-of-state sale that attracts CST (Central Sales Tax).

If you as a buyer provide C Form, you have to pay lower CST. However, it is considered the supplier's responsibility to collect the C Form from the buyer, failing which he will have to pay the differential Sales Tax. i.e. he will get penalised if the buyer defaults.

C Forms are issued by Sales Tax Department which have to be collected from there by the buyer so that he can give it to the supplier for CST transaction.

Thanks

G. Lakshmipathi

[Former Member]

hi,

c forms are used wen the purchased goods are further sold and not consumed by the purchaser in which case its the d- form., d form is generally issued to research institutes and govt bodies. c forms are useful in case of cst sales. if the buyer has a c form then he is liable to pay 3% tax else its 12.5%

saurabh

[Former Member]

Reward points, if helpful.

[Former Member]

Thank you Gaurav. This a fair idea of what it is.

[Former Member]

Hi Usha,

C-Form is a document provided by Sales Tax Authorities if you are registered with the authority. The company has to fill it and then get it stamped from the Sales Tax Authority. The advantage of C-Form is that in case of CST (Central Sales Tax) in case of manufactured product, with C-Form the rate charged is 3% and without C-Form the rate charged is 4%. So, it is an advantage for the customer as he has to shell out less money from his pocket.

Regards,

Gaurav Grover