C form for capital goods
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
14 February 2014
can 'C' form be issued for capital goods ?
Vishnu Saboo
(Expert)
17 February 2014
Purchases to be effected against Form ‘C’ are subject to conditions. The compliance is to be checked before using Form ‘C’. In nutshell, it can be mentioned that Form ‘C’ can be used for effecting purchases which are meant for:
a) Resale by him
b) Use in manufacturing/processing of goods for sale
c) Use in mining
d) Use in generation/distribution of power
e) Use in packing of goods for sale/resale
f) Use in telecommunication network.
a) Resale by him
b) Use in manufacturing/processing of goods for sale
c) Use in mining
d) Use in generation/distribution of power
e) Use in packing of goods for sale/resale
f) Use in telecommunication network.
06 March 2014
yes if it is meant to be used in manufacturing or process
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