C forms not submitted timely

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 July 2013 Sir/Madam,
Karnataka VAT.
An enforcement officer visited our premises for a different assignment.
After ascertaining the details for assignment he inquired for other issues also.
Now whether he has the power to do so?
He inquired for the C forms.Now Maharashatra state is not issuing the C forms timely.
The officer enforced us to pay the differnce of tax for not having produced the C forms.
Now as the C forms have been submitted can we adjust the amount paid by us in our monthly return?The audit is in process for the same period.

RENGARAJ R.K

RENGARAJ R.K (Expert)

22 July 2013 Yes there is revision power vested with the assessing authority if you file the statutory forms even after conclusion of assessment. And hence this being audit, you can efile/upload the c forms now received in your system and get the acknowledgement from the LVO. You can adjust the tax excess paid in the next vat payment due.

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Querist : Anonymous

Querist : Anonymous (Querist)

22 July 2013 Thank You Sir

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