we bought a genset of 40 kv from karnataga on 09/01/2013 with cst 2% , but we are not able to give the c form in time. According to the rules ,we applied the sales tax office to issue the c form for the genset .Now the authority says that genset is not inclueded in your cst registration certificate and so you are not eligibile for issuing c form.
karnataga cst tax is 5.5% without c form ( already we paid 2 % cst in the bill )
Sales Tax says pay 14.5% + 1.5 % + penalty , after that you will get the c form
genset rate rs 348520 + 2% cst tax
what is the rule to get c form somebody told if we pay a penallty rs 1000 to sales tax to include the genset in the cst reg. form
please explain
