Can a Company can issue C Forms in Advance to the seller
(Other than govt.dept.)
Answer Posted / 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 |
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The CST assessement for the FY 2006-07 is completed on 31-3- 2010 and the same is received by dealer on 22-4-10. The question is that the dealer colud not produced the original H Forms at the time time asst. except the photostat copies filed. But the CTO not allowed and calculate tax at net 4% on H Forms turnover. CTO is saying that it is time barred by 31-3-10. Therefore even after produced we can not revise. We filed with case laws that it can be revised But when it is time barred it canot be. Therefore I request You to help the dealer ANYCASE LAW is there in the above case Pl. guide us.
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