TMI BlogCAN WE ISSUE C FORM MONTHLY.....X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, My question :- Can we issue the c form monthly basis or not...... Kindly advise me as per law. Regards AMIT GUPTA - Reply By YAGAY AND SUN - The Reply = No way. Please check following:- Statutory Provisions The Central Sales Tax (Registration And Turnover) Rules, 1957 12. ( 1) The declaration and the certificate referred to in subsection (4) of Section 8 shall be ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... in form 'C' and 'D' respectively: - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Brief answer and enlarged support. Thank you - Reply By AMIT GUPTA - The Reply = Dear Sir, Thank you for brief answer with as per rule...!!!!! Regards AMIT GUPTA - Reply By Ganeshan Kalyani - The Reply = The provision states that form c shall be issued/ received quarterly. Hence it cannot ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be applied for on monthly basis. - Reply By YAGAY AND SUN - The Reply = Dear Amit, The only reason for providing this Section 12 in detail was just to encourage you to read it thoroughly for enriching your knowledge for better compliance. Regards, YAGAY and SUN - Reply By Ganeshan Kalyani - The Reply = My additional views are: The three months time period for issuing form c s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hould be adhered to. The law states that the form should be submitted to the assessing authority before or at the time of assessment. - Reply By YAGAY AND SUN - The Reply = And also check the goods which is being procured by you must be incorporated well before in your CST Registration Certificate and filing of statutory returns according in prescribed time limit, otherwise, No C form can be re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ceived manually or generated online. Hefty penalty can also be imposed. So take care and do the due diligence in this matter to protect your company from any unwarranted situations. - Reply By Ganeshan Kalyani - The Reply = The officer in the sales tax department cross checks the form c application filed by you with the return submitted by you. There should be interstate purchase appearing in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the return and the amount in the return should be more than the amount in form c application. Yes the type of item procured interstate need to be incorporated in the CST registration copy. - Reply By YAGAY AND SUN - The Reply = Dear Amit, Query was short, reply was also short but the discussion on your query just got longer and it was just for your betterment we expert consumed pretty good ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... time in such discussion. Regards, YAGAY and SUN - Reply By Ganeshan Kalyani - The Reply = Enriching discussion. - CAN WE ISSUE C FORM MONTHLY..... - Query Started By: - AMIT GUPTA Dated:- 24-9-2016 Value Added Tax - VAT-CST - Got 10 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementind ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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