Query regarding "C" Form

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

02 August 2010 Dear Experts,

I have confusion regarding "C" Form. As u know now we need to issue "C" Form on Quarterly basis. I want to know when we are liabile to issue "C" Form on the Purchase Bill date or on the date of receipt of material to the purchaser.

For Example

Suppose we have ordered for X item to Party A from Mumbai. A generate bill on 29th June and material delivers to us on 2nd July.

In above case when we are liabile to issue "C" Form. In 1st Qtr or in 2nd Qtr. If we issue "C" Form in 1st Quarter - how can we issue because we are not in receipt of material. IF we issue "C" Form in 2nd quarter what is the date of bill because date of bill is 29th June.

Plesae advise with examples i am in very confusion.

thanks in advance

Jaipal

sachin alwadhi

sachin alwadhi (Expert)
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02 August 2010 C FORM IS ALWAYS ISSUE ON PURCHASE DATE BASIS NOT ON RECEIPT BASIS.IN UR CASE U HAVE TO ISSUE C FORM IN 1ST QUARTER.

Querist : Anonymous

Querist : Anonymous (Querist)

02 August 2010 First thanks for answering
Sir fully agree with you but we have not shown my purchases in 1st Qtr. return then how can i ask "C" Form from the Department for example i have filed nill CST purchase in the return of 1st Qtr. in our case is department allow us to issue "C" Form. Please do clear.

regards,

jaipal

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sachin alwadhi

sachin alwadhi (Expert)
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02 August 2010 RETURN IS NOTHING MATTER IN CASE OF ISSUE OF C FORM.SUPPOSE U HAVE PURCHASE ON 31 MARCH BUT NO MATERIAL RECEIVE IN UR FACTORY ON 31 MARCH.BUT SELLER HAS RAISED THE INVOICES ON 31 MARCH.U CAN NEVER TREAT THIS PURCHASES OF PREVIOUS YEAR.EVEN U ADD THIS PURCHASES IN NEXT YEAR MONTH(APRIL) RETURN.U CAN RAISE THE INVOICE TO SALES TAAX AUTHORITIES FOR REFERENNCE.

Querist : Anonymous

Querist : Anonymous (Querist)

05 August 2010 Thanks for clearing my doubts sir

jaipal