This query was applicable before implementation of GST.
Query:
Is form C mandatory to become a distributor for a franchisee company? if yes than what is the procedure to obtain the same. and what is the cost of obtaining the same
Response:
Form C is not mandatory to become franchise distributor. Form C is related to Sale tax and used for tax benefits in inter state sale.
For example, if you purchase from haryana, tax will be 5.25% without Form C and 2% with Form C. If you want to obtain Form C, then you have to consult your accountant or CA..
Hope this information will be helpful to you… For any query and suggestion, mail us at pharmafranchiseehelp@gmail.com
Leave a Reply