TMI BlogCan we cancelled C-Form & issue new?X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, We have issued C-Form to our vendor against material purchase for the period from 01.04.2015 to 30.06.2015. But party invoice date is 30.03.2015 in financial year 2014-2015 we have received material in financial 2015-2016 hence we accounted this transaction in financial 2015-16 issued C-Form but party not accept it they required C-Form for financial 2014-2015. So we hereby re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... quest pl guide us. Can we issue new C-Form? If Yes, What is the producer? Thanks, Khomne R. M. - Reply By YAGAY AND SUN - The Reply = A separate C form can be issued for the material received in F.Y. 2015-2016 which was sent by supplier in the F.Y. 2014-2015. There is a proviso in Rule 12(1) CST (Registration and Turnover) Rules 3 [Provided further that a single declaration m ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ay cover all transactions of sale, which take place in a quarter of a financial year between the same two dealers. - Reply By YAGAY AND SUN - The Reply = For cancellation of C form you may meet with your VATO/Commissioner of MVAT Department. - Reply By Ganeshan Kalyani - The Reply = A separate form c for the transactions recorded in the month of April by the purchaser for the supplies ma ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... de by the supplier in the month of March is allowed. The department accepts such declarations. It is as per provision in the act. - Reply By Ganeshan Kalyani - The Reply = The procedure for cancellation of the form and applying for new form is very lengthy. It takes long time. Sometime it takes 5 to 6 months also. - Reply By YAGAY AND SUN - The Reply = Some States have issued Notifications/Ci ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rcular in this regard and hardly take one week to cancel and re issue the C Form. Example is Rajasthan VAT Department. - Can we cancelled C-Form & issue new? - Query Started By: - RAJENDRA KHOMNE Dated:- 13-2-2017 Value Added Tax - VAT-CST - Got 5 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagement ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... india - 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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