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Re: Vat

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(Querist)
24 March 2010 Dear experts please define where "C" form is applicable in details?
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CA Umesh Sharma

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CA Umesh Sharma (Expert)
24 March 2010 On Goods used in Manufacturing and trading. C Form is not applicable (I.e, cannot be issued) on Assets like Furniture, Office Equipments, Computers. C Forms is not applicable on P&L items like Stationery,etc.
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Anurag Agarwal

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Anurag Agarwal (Expert)
24 March 2010 C form is to be produced when you want to pay the concessional rate of duty
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