Vivek Dixit (Account Executive) 20 March 2014

C form

Dear Sir,

I have made central sale in march 2012 to one my my party and that party entered that bill in his books of a/c in April 2013 now party issuing C form against these bills in The 1st Quarter 2013. can i avail credit of this C form? please reply with rules

Regards

Vivek Dixit

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2 Replies

P JAMES VICTOR (ADVOCATE & TAX CONSULTANT) 20 March 2014

Vivek

is it March 2012 or 2013?

Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 ) 25 March 2014

It is most important to note that seller is granting the concessional rate and he is liable to pay tax in the absence of proper C forms. In order to maintain better business relationship, the purchasing dealer is liable to issue the C form on the invoice date. It may kindly note that issue date of the C form is immaterial in this case.