Tag Archives: F Forms Under CST

VAT Dealer and Department-Maharashtra Vat Audit

VAT Dealer and Department-Maharashtra Vat Audit
As the last date of submission of Maharashtra VAT Audit Report is 15th of January 2015.
VAT Audit applies to whom?
If the Annual Turnover is more than Rs. 2 Crore then the Taxpayer has to conduct VAT Audit compulsorily. This limit was Rs. 60 lakhs for Financial Year

Inter-State Vs Intra State -Sale/Purchase

Inter-State Vs Intra State -Sale/Purchase
Registered dealers are eligible for certain concession or exemption of tax on inter-State transactions Under the Central Sales Tax Act, 1956 (in short CST), if dealer is able to comply with certain conditions. By Submission of statutory forms like Form C, F, H, I, E-I or E-II etc. However before

F form under CST Act can cover transactions of a period more than one month

F form under CST Act can cover transactions of a period more than one month
Calcutta High Court in Cipla Limited vs Deputy Commissioner, Commercial Tax reported as VSTI 2013 Vol. 17 B-509 has held that There is nothing in Rule 12(5) of CST (R&T) Rules which could be construed to vitiate a declaration form