04 September 2013
When a company transfers non taxable goods to its branch in another state and branch does not provide f form. Whether this will attract any penalty?
04 September 2013
Non-taxable is different from exemption. If the product transferred is generally exempted there is no question of getting either C or F form for interstate movement. There is no penalty.
If it is non-taxable, with a condition, the C/F forms are required to be submitted.
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