Rohit Mittal (VP (Finance)) (33 Points)
30 August 2011
We are a manufacturing unit based in Bellary, Karnataka. We procure cement for our construction needs and also to manufacture bricks. Is it possible to issue C-form to purchase cement from Andhra Pradesh.
If yes how to go about it.
Please share.
Best Regards
praveen
(Chartered Accountant)
(6971 Points)
Replied 30 August 2011
As you purchasing cement for construction needs you will not be able to give a C Form.
In case of cement bought for manufacturing bricks if again it is sold then you give C Form. But this warrants need of a strong inventory system. If you want to issue C Form first verify whether the commodity is stated in your RC.
If not apply for change with the VAT office.
Rohit Mittal
(VP (Finance))
(33 Points)
Replied 30 August 2011
thanks a lot for the reply.
In case we are consuming some of the produced brick on our own, what is the implication?
praveen
(Chartered Accountant)
(6971 Points)
Replied 31 August 2011
thats where you will not be able to issue C Forms.
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