Hi ,
Can I issue C form for purchases made before the registration under CST act ?
( pre operative expenses for manufaturing of machine of newly incorporated Pvt Ltd)
Pls advice
Regards
Aurn
ACCOUNTANT
(Student)
(559 Points)
Replied 19 November 2011
C form can be issued only by a registered dealer..........(however the dealer can obtain a voluntary registration.....even for one single transaction).......
Instead(my suggestion).......vat on cap goods (if they are so) have input tax credit.....so it can be claimed........varying with necessary limits...
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)