Buy from another state without c-form

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 April 2015 Sir,
If i purchased some raw material from another state(U.P) but i did not issue C-Form, Then what will be the VAT compliance ?

Is VAT be charged at U.P Rate and It will be included in our Purchase cost ?

CA John Abraham Austin ACA

CA John Abraham Austin ACA (Expert)
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06 April 2015 If you do not wish to get the concessional rate of 2%, then no question of 'C' Form arises.
Also, CST is not a claimable input, it will form pat of purchase cost.

If you did not issue the 'C' Form, then you should reimburse the seller the differeccial tax and interest paid by the seller as a counter- measure. It is the obligation of the seller to obtain C Form from you for the value.