Machineries purchased for mineral wet production , from other state, can capture 4% toll beneath c form.?
Since the turnover of the company is less than tax rein in, sales tax authorities are not issuing c form books. Whether we hold a right for getting c forms and what kind of request is to be submitted to get the c form.
Answers:
Since here is no limit on turnover under the CST Act, 1956 for registering yourself beside the Sales Tax Authorities of the appropriate state. You can purchase the said machinery on concessional rate of tax (a)4% against Form 'C' by promising your creditor to issue the same within due course once sale tax authorities issue duplicate to you. Once you have purchased the machinery you make an application on your company' note head along with basic fee stating the name of the to whom "C" Form is to be issued.Remember department will issue you "C" Form one and only if you are registered dealer under the CST Act , 1956. Source(s): Central Sales Tax Act, 1956. Taxmann's STUDENT GUIDE TO INCOME TAX FOR CA (INTER).
Refer to www.allindiantaxes.com
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Answers:
Since here is no limit on turnover under the CST Act, 1956 for registering yourself beside the Sales Tax Authorities of the appropriate state. You can purchase the said machinery on concessional rate of tax (a)4% against Form 'C' by promising your creditor to issue the same within due course once sale tax authorities issue duplicate to you. Once you have purchased the machinery you make an application on your company' note head along with basic fee stating the name of the to whom "C" Form is to be issued.Remember department will issue you "C" Form one and only if you are registered dealer under the CST Act , 1956. Source(s): Central Sales Tax Act, 1956. Taxmann's STUDENT GUIDE TO INCOME TAX FOR CA (INTER).
Refer to www.allindiantaxes.com
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