Can C form issued without considering of Excise Amount?, VAT + CST

[MANEESH KUMAR]

Can C form issued without considering of Excise Amount? If any gentleman have any case laws on this subject , may please share.

Posts / Replies

[Ganeshan Kalyani]

Form C is issued to justify the inter-state procurement of goods at a lower rate. Submit documents to prove the fact. If your basic amount is reduced then tax would have been demanded on the differential value.

[YAGAY andSUN]

Chaging on excise duty on assessable/transaction value of the invoice will be resulted the taxable value for charging of CST on the value = Assessable value + Excise duty. Therefore, C form cannot be issued with considering the excise amount. If issued then on differential value you would have to pay the tax at applicable rate.