CST RENEWAL MATTERS

[Guest]

Sir In my case my party is registered TNVAT and CST dealer. My party activities is printing of inkjet code on films, packing cover issued by Britannia Biscuits and Edible Oil Covers,noting the code expiry date and mfrs date etc.n only 3/4 line on the space provided in film rolls supplied by the Parties. Only job works only entertain. Purchase of ink previously during 10-11 and 11-12 financial years purchased from outside state against c forms and tax paid at the rate of 5% local taxes under Form No I and CST Form 1 also filed as per norms. Now CST reversal initiated by the AA and asked me to pay more than 75000 as tax when we paid already 5% on entire turnover without calculating the concession of 70-30 concession on work contract people. We engage only job work no trade of ink or manufacturing activities please clarify

AI Summary

Job work classification affects CST liability where interstate purchases under C-forms may face reversal absent concession. Whether classification of activity as job work affects Central Sales Tax liability where a VAT/CST-registered dealer procures ink interstate on C-forms and pays concessional tax; and whether failure to apply the concession allocation for work-contract activities justifies the assessing authority's reversal and demand for additional CST.