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2013 (5) TMI 772 - HC - VAT and Sales TaxSeparate C forms - whether for a single transaction of sale between the same two dealers in connection whereto goods are delivered at one point of time in the next quarter of a financial year, separate form C is required for availing of the benefit under section 8(4) of the Act? Held that:- A transaction of sale gets completed with the delivery of the goods therefore, what is relevant is the date of completion of the transaction not the date of initiation of the transaction. The date of completion being one, a single declaration/certificate is sufficient but the situation would be different where the date of completion of the transaction is spread over into different quarters of a financial year in which case separate declarations/certificates would be necessary. The question posed above is answered in favour of the assessee-revisionist and held that in respect of single delivery of goods in one quarter of a financial year separate declaration/certificates in forms C and D are not necessary and a single form C would suffice the purpose. Revision allowed.
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