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purchase against C form, Accounting - Auditing

Issue Id: - 109934
Dated: 24-2-2016
By:- vikram singh

purchase against C form


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Dear Experts,

kindly guide, we had purchase raw material against C form ( for the year 2012-13) and issued the C form regarding it. but now days we discuss with supplier that, we will return your material and you will export it to our other company (USA). So, anyone can guide me regarding all aspects. (taxation and accounting)

Rgd

Vikram

Posts / Replies

Showing Replies 1 to 3 of 3 Records

Page: 1


1 Dated: 24-2-2016
By:- YAGAY AND SUN

You would have to sell them against Form C. There is no other way out. After such purchase they may export it out of country, there is no restriction in the Law.


2 Dated: 24-2-2016
By:- vikram singh

Yes Sir, i agreed with you. but, we can't sale it because we have not any trading sale license/certificate. kindly suggest......


3 Dated: 24-2-2016
By:- Ganeshan Kalyani
You have VAT / CST registration which is essential for doing interstate transaction. You can sell against Form C as rightly said by Yagay and Sun Team.

Page: 1

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