C Form from one of our customer from Maharastra were received with values of last week sales relating to 2nd quarter included in the 3rd quarter C form and last week sales relating to 4th quarter included in 1st quarter C form of next F-Y.
On asking for rectification they are claiming thatC forms from the department are issued on the basis of monthly return filed and according to the actual amount of purchases (excluding shortagesif any) been received and booked by thier Depo Location as per their GRN (Goods received note) on monthly basis and not on the basis of the dispatch dates and amount of the Invoice made by the vendor. Hence,corrrection of C forms may not be possible.
Kinldy advise whether the claim of our customer is correct or not. We have been issueing C form on the basis of Supplier date of Inv and C form from our other clients were received as per our Billing Dates.
Requesting all to arrange the part of CST Act and rule or any case laws wherein it is specifically mention that C Form value should be as per the Billing Date of supplier and not on the basis of GRN date of purchaser.
CAclubindia
