IF WE BOOK PURCHASE AS EXPENDITUR.THE CAN BE ISSUE C-FORM
AGAINST THAT PURCHASE






IF WE BOOK PURCHASE AS EXPENDITUR.THE CAN BE ISSUE C-FORM AGAINST THAT PURCHASE..

Answer / h.r. sreepada bhagi

One can buy goods against C Form only for the purpose of
resale or using it as input in the process of manufacture,
or Machinery/Plant in the use of manufacture of taxable
products.

If it's not purchased as above the buyer can not issue C-Form.

For details & specific provisions, read the latest Central
Sales Tax (CST) Act of your state.

Is This Answer Correct ?    1 Yes 0 No

Post New Answer




More Taxation Interview Questions

what are the tax exempted allowances?

2 Answers  


If Buyer of Haryana purchase material like advertisement material from other state for the purpose of advertising & as a registered dealer providing C- Form to the seller den whether then what will be the rate % is it 2% or normal rate

1 Answers   ABC,


what is mean by security transaction tax? it considers how during profit calculation of shares trading.

11 Answers   Wipro, ICICI, Eastman Chemical,


How to make a bill of software sale with service tax?

0 Answers  


If any payment made for purchase of computer parts (mother board , ram, monitor)say 1/100 of monthly income (if income is 1000 & expences is rs.10) than whether it is computer expence (revenue expenditure) or computer (capital expenditure). Kindly specify in detail

1 Answers  






if we purchase tangible material on the basis of Vat @12.5% and we are service industry, than can we make the invoice on that material on the basis of Service Tax @ 12.36% with Management Fee?

1 Answers  


Why it's necessary for a company to file TDS Returns?

0 Answers  


what is the diffrence between tds and vat?

16 Answers   GMR, Tata Lockheed Martin Aerostructures, Accenture,


we have paid excess tds amount in 194I 27000/- for f.y.2017-18 now can we adjust the same in upcoming month 2018-19?

0 Answers  


I raised a service tax invoice against a client on which i charged service tax and without receiving any sum from client a deposited service tax on good faith but now client refuses to pay sum . so please, tell me what should i do.

0 Answers   Genpact,


What is FBT & Service Tax Remittances?

0 Answers   Complete Business Solutions, SAG, ITP,


how many forms of vat return is

2 Answers   ABC,






Categories