Concept of F form

What is F Form?

• It is a form given by buyer to seller in case of Branch Transfer/Consignment Transfer (i.e.by transfer or branch to transfer or branch)
• It can be given by Registered buyers only
• It is given Quarterly party vise.
• One F form for all purchasesfrom one party in one quarter
• If F form given, Cst not charged
• If not given, then CST Charged at full local vat rate of Selling Dealer

Question

In Books of Delhi Branch

GOODS PURCHASED FROM Kolkatta BRANCH By Delhi AGAINST F FORM

Sales/Stop Transfer made as follows by Delhi Branch

RATE OF TAX  ON GOODS IS 

Pass entry in books of Delhi Branch
What is Tax payable?