1)Is there any standard time bar to issue C & F form or collect C & F form in Gujarat? 2)If yes then, what is penlty or any interest which we have to pay if we not follow the time bar In Gujarat? 3)Where I'll get full infm about Form management?
14 May 2011
you have to issue the forms quarterly basis, but before the completion of your assessment for the respective year, after which you can not claim and issue the forms for the specified period.
in case of non submission, the sales / transfers would be treated as unregistered and you have to pay full tax with interest.