10 February 2009
we have issued "c" form for purchase of capital goods. Subsequently we have returned the goods. Pls tell me what will be the implication for the issued form "C". we cannot ammend the form as the supplier is disputing.
10 February 2009
While returning the goods you have to send them a credit note alongwith the note that "C" form issued will stands cancelled and you have to intimate your concered sales tax officer and also the sellers sales tax officer. Then send a registered post to return the C Form and if they have already filed then you have to get the acknowledgement of forms filed by them and inform the concerned sales tax office that the form given will be treated as cancelled.
CAclubindia
