A Ltd supplier is located in two different states & Both companies supplied material to Maharashtra state under CST act F Y 15-16.to B Ltd .
B Ltd issued C form but they by mistake mentioned different invoices of A Ltd in one C Form.
can B Ltd rectify now
what is the impact on A Ltd if not submitted corrected C form
Menu
C Form Correction 15-16
Replies (1)
Yes, it can be rectified by contacting the relevant tax authorities and submitting the revised 'C' form along with the necessary supporting documents.
If B Ltd does not rectify the mistake and submit the corrected 'C' form, it may have an impact on A Ltd. A Ltd may not be able to claim the credit for the tax paid on the inter-state sales, which may result in an increase in its tax liability. It is important for B Ltd to rectify the mistake and submit the corrected 'C' form to avoid any potential issues for A Ltd.
Recent Threads
- Can I set off equity losses(both short term loss a
- Input tax credit on rent to rent
- Family Pension Army
- Waste Management services
- Seeking Clarity: New Transport Allowance Limits (D
- Query regarding Consolidated Gift Deed for Bank Tr
- TDS u/s194IB - Joint Ownership
- Free GST Reconciliation Tool in Google Sheets R
- NRI return after due date refund case
- TDS u/s 194J - training honorarium
Related Threads
CAclubindia
