Easy Office
LCI Learning

C form will be issue or not

This query is : Resolved 

25 September 2013 Respected Sirs,

I am planning to setup a AC, Refrigerator Manufacturing plant in INDORE - M P.
I will be purchasing, Steel, Camera,pipe etc for construction of factory building and will also
be purchasing Plant and Machinery for the factory.
I intended to examine whether I can issue Form C for the same.

Your valuable guidance is solicited for the same.

25 September 2013 C form is issued by the buyer of the goods who has purchased the goods from outside home state at concessional rate of duty.

If you are purchasing the material/goods at concessional rate of duty from outside MP then you need to issue C FORM to seller.

25 September 2013 Abhishek ji my question is further i will not re-sale the goods it is only for construction of factory building then can i issue c form after purchasing of material like camera, panel, pipe etc.


25 September 2013 Yes. Even if you are not re-selling the goods, you need to issue C FORM as you are procuring the goods at concessional rate. Because Seller of the goods needs to prove their sales tax department that those goods are sold at concessional rate because it is outside home state. Unless seller of the goods do not produce C FORM to their sales tax department, they can not prove that sale is outside home state. Hence, you need to issue C FORM. It is irrespective of usage of goods.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query