Dear Collouges,
Could you please, let me know on which basis we issue the C forms to vendor i.e. for how many C forms will issue for purchases for the month of Mar’06, Apr’06 and May’06.
Please clarify and if it possible code with Sections. It applicable financial year wise
Thanks & Regards:
CA RAMU
As per law one form is require for monthly sale
But in practice some companies use to transfer only one form yearly & show their vendor name in monthly Pending C form List
C forms are required to be issued once in every quarter for each company of purchases outside the state
let me know on which basis we issue the C forms to vendor i.e. for how many C forms will issue for purchases for the month of Aug'08.
Sudar
Krea University
Chennai
CA
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Varma Raja & Associates
Thrissur
CA Inter
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CCI
Pro
CAclubindia
