Single C form for a quarter instead of year – CST Rules amended
As per Rule 12(1) of the Central Sales Tax (Registration and Turnover) Rules, 1957, a single declaration (C Form) may cover all transactions of sale which take place in one financial year between the same two dealers subject to the condition that where, in the case of any transaction of sale, the delivery of goods is spread over to different financial years it shall be necessary to furnish a separate declaration or certificate in respect of goods so delivered in each financial year. Now the year is changed to a quarter. Every simplification produces more paper.
(F.No. ) dated September 16, 2005