C form issue urgent

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 January 2013 Dear Sir,

My company is a Retail Chain Company(Jaipur) like Big bazzar, we Both sales Taxable Items & Ontaxable Items,

Purchases a Capital Goods(AC) from Mumbai for Rs. 10 Lack

Please tell me this taxable at 2 % (under CST ) or 12.5 % Normal Rates

we can issued "C" form for This Transation

Thanks & Regards

MK

anurag

anurag (Expert)
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19 January 2013 The opinion differs from person to person.
Generally no need to issue C form.

Message likes : 1 times

CA Chandra Kishore Bajpai

CA Chandra Kishore Bajpai (Expert)
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19 January 2013 Following descriptions of goods are allowed to be included in the certificate of registration of purchaser:-
􀁠 Goods purchsed for Resale
􀁠 For use in manufacturing or processing of goods for re-sale.
􀁠 For use in mining
􀁠 For use in telecommunications network
􀁠 For use in generation or distribution of electricity or any other form of power
􀁠 Packing Material
In case your case , as it appears that AC installtion does not fall in any of categaries mentioned above, so Form C cannot issued and you must purchase at the full rate of Tax .