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C Form for material is supplied excess, Value Added Tax - VAT-CST

Issue Id: - 111449
Dated: 1-2-2017
By:- saket s
C Form for material is supplied excess

  • Contents

Whether C Form can be issued even material is supplied excess than PO/ Contract?

We had sold excess material to customer / client to complete order. Supplied quantity was more than PO quantity. Now the customer is refusing to issue Form C arguing that we had supplied excess material.

Pls let me know if there any case law on this issue.

Thanks

Saket

Posts / Replies

Showing Replies 1 to 5 of 5 Records

1 Dated: 1-2-2017
By:- MUKUND THAKKAR

please clear the following point.

1. your customer will pay you excess amount against supply of excess material ?


2 Dated: 1-2-2017
By:- saket s

No, the client is not paying anything extra. The excess materials were supplied to complete the desired work.


3 Dated: 1-2-2017
By:- MUKUND THAKKAR

At the end of year non receipt of payment against this supply will be write off..

As per my view convert this supply as free supply.. and collect c form of balance amount.

Generally, VAT is to be collected on sale of goods to a person in a consideration..

If goods are given at free of cost, does not attract VAT. But if It is dutiable product, then it has excise duty liability. which you had paid..


4 Dated: 1-2-2017
By:- YAGAY AND SUN

If you treat this material as FOC supply, then Input Tax Credit needs to be reversed proportionately in addition to reversal of CENVAT credit.


5 Dated: 1-2-2017
By:- Ganeshan Kalyani

In my view Form C is not required for free of cost material. This is because you will not be charging anything for the excess material supplied. As such the sales register will not show the amount of excess material supplied. Hence no need to collect form c. Thanks.


1

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