raghunandan (Chartered Accountant) (91 Points)
25 December 2009Dear all,
My client is a mining company - basic activity is mining. It has purchased Jeeps from Interstate directly from the manufacturer (M&M) for the use in mining activities by floating enquiries and the least quote was accepted, against C Form.
Query: Can issue of C form on purchase of Jeeps and issue of C Form can be deemed as misuse of statutory Forms?
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 25 December 2009
if its use as commercial vehicle then you can issue C form .
CAclubindia
