for capitalized goods also buyer has to issue the C Form

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for capitalized goods also buyer has to issue the C Form..

Answer / boovan

Buyer Can Issue "C" Form if the buyer doing Manufacturing Process and that asset used in Production of Taxable Goods.

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for capitalized goods also buyer has to issue the C Form..

Answer / abhivirthi tax and industrial

As per the Form of Declaration i.e. Form C, buyer can issue C Form for the goods purchased for resale / use in manufacture / processing of goods for sale / use in mining / use in generation / distribution of power / packing of goods for sale / resale under the Central Sales Tax Act, 1956.

Each and every C Form should be filled and signed with the above Certificate whichever is applicable and hence C Forms can be issued for the Capital Goods also.

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

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