How do I generate C form in the GST?
C form procedures are interrupted from 1.07.17 alongside the previous VAT regime. Consult your CA for the specifics you want to abide by within the GST regime.
The requirement for generating C Forms is finished away beneath the GST regime. You no more got to collect or generate C forms for your sales and purchases.
With this, there are no more concessional rates of 1%, 1.5% or 2% at which sales can be made against C Form. Sales will have to be made at applicable GST rates.
This, however, would not directly translate into additional tax burden since now you can claim input tax credit of the IGST paid on interstate purchases which were not possible earlier with CST against C Forms.
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