Can a Company can issue C Forms in Advance to the seller
(Other than govt.dept.)
Answers were Sorted based on User's Feedback
Answer / rohit
yes, company can issue c form in advance to the seller but
to be care date mention of form date on sales bill not
before or after date mention of c form.
| Is This Answer Correct ? | 15 Yes | 3 No |
Answer / ajay sharma
First of all let it clarify that C form is issued on
quaterly basis including all invoices of that quarter tahn
how can it be issued in advance.
Secondly if your are only doing a single transaction with
the seller & not continuing with him than in that case you
can issue C form to that seller.
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / abhivirthi tax and industrial
In "Form C", the purchasing dealer should furnish the
details of purchase order No. and date, and selling dealer's
Bill/Cash Memo/Challan Number and date, CST Registration
Certificate number details with date of Registration. Above
all the purchasing dealer should sign the declaration with
full details.
As per Rule 12(3) of the Central Sales Tax
(Registration and Turnover) Rules, if a C Form issued by a
purchasing dealer is lost, the dealer should furnish a
declaration with the wordings "I hereby declare that this is
the duplicate of the declaration Form/Certificate
No.......... signed on........... and issued to ...........
who is a registered dealer of .......... (State) and whose
Registration Number is............". to get duplicate C Form
from the assessing authority.
In the above circumstances, the C Forms must be
issued only after purchase of goods from the selling dealer
and the C Forms should not be issued in advance.
Reply from:
ABHIVIRTHI Tax and Industrial Consultancy
R.R. JAGADEESAN
VAT Practitioner and Industrial Consultant
H-63, Palaami Enclave
New Natham Road
Madurai-625014
Cell: 9994990599
| Is This Answer Correct ? | 2 Yes | 1 No |
What are the exemptions from salary
10 Answers Influx Info Solutions,
how to make the entry....??? sumit got salary 20000 & charge 10% tds on his salary..
Sir, I attended infrastructure company but my question is For example: Basic value- 100000 sevice tax 14500 total bill value 114500 What is the tds amount?
What are the present TDS rates for various transactions in Indai.
What is deferred tax?
F FORM RECEIVED FROM SUPPLIER, NOT DEDUCTED GOODS RETURN AMOUNT THEREAFTER WHAT IS THE PROCEDURE DONE BY DEALER?
Define Amortization & Impairment?
What is different in balance sheet & trial Balance sheet ? Provisions entry in ending year ?
whaT is TDS? give the rates. Procedure for preparing the same?
Provision entry for current Year Income Tax A/c ----Dr To Income Tax Payable A/c Adjustment entry in next Year Income tax payable---Dr To bank A/c kindly tell me which head of income tax a/c and income tax payble a/c
what is from 38
can we accept Rs.20,000/- and more as advance against order from costumer?