TAX CFORM & VAT

[Guest]

MY COMPANY (LOCATED IN ANDHRA PHARDESH) IS INTO PHARMA PRODUCTS.WE PURCHASE FROM BANGLORE AND SELL THE PRODUCTS IN ANDHRA PRADESH. WE ARE TRADERS. WHAT TAXES WE HAVE TO PAY TO COMPLETE OUR PROCESS

[YAGAY andSUN]

You may purchase pharma products against form C @ 2% if such products are duly incorporated in your CST Registration Certificate.

Please also check for Entry Tax, if any.

AI Summary

Form C use allows concessional CST treatment for interstate purchases when goods appear in the CST registration certificate. Purchases from another State may be procured against Form C to obtain concessional treatment under the Central Sales Tax regime, provided the goods are specified in the trader's CST registration certificate; also verify applicability of Entry Tax and other local levies in the destination State.