Form f for sales tax
Rakesh Rao
(Querist) 21 November 2013
This query is : Resolved
Dear Sir,
We have send one mold ( made by steel) from kalol - Gujarat to Navi Mumbai Maharashtra for Hardcrome platting process (some material deposition occurs during process) (for jobwork) and will received back from Navi Mumbai.
my query is whether we have to send material with Form 'F" is mandatory or we can issue form F afterward but before receive back material if we missed to send. second query is my suppiler is charging for Maharastra Vat @5% on 75% of basic value and also charging service tax 12.36% on 70% of basisc value. As per my knowledge for inter state transation cst 2% must be charged
Please relpy as soon as possible
C. SANJEEVA RAO
(Expert) 22 November 2013
Issue of F-Form under the provisions of CST Act,1956 is required in the cases of stock transfer or sale on consignment basis or sale through agent. Sending of material on job work basis. F-Form should not be issued against the job work.
VAT is charging on the material involved during the performance of the job work and service tax is charging on the portion of rendition of service.
2% CST is charged against issue of C-Declaration Form, if such condition was prevailed with the seller. CST cannot be charged by the job worker.
Surrender K Singal
(Expert) 23 November 2013
If part of job work is to be considered sale of that portion of material, CST @ 2% can be charged with form 'C' and for rest of the job-services, Service Tax @ 12.36% would be chargeable after specified abetement as indicated in the query
