C form issue conditions

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Sales Manager
57 Points Joined May 2010

Hi all, 

I want some clarifications about the conditions for issuing C Form.

"If a buyer (Software Company) purchased a fixed asset (Computer Desktop) from other state (OMS Purchase) means is not trading in that particular product, then is he eligible to issue the C Form for that purchase or not?"

Please answer me in full explanation

 

Thanks & Regards

Rahul Kulkarni

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On 10 September 2011 at 09:49 Report
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practise
31 Points Joined June 2009

Form C can be used for the purchases of goods which are used in manufacturing whether as input or fixed asset.

In your case, you are software manufacturer so computer are fixed assets for manufacturing for you, so u can purchase it on form C.

Dinesh

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On 09 August 2012 at 12:58


CCI Pro

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