Can c form be issued on free of cost material received?
This query is : Resolved
Vishnu Saboo
(Querist)
18 October 2013
dear experts,
my query is that whether we can issue C form to seller who sent us material at free of Cost, but we will pay him Excise duty and shall avail credit of same?
my query is that whether we can issue C form to seller who sent us material at free of Cost, but we will pay him Excise duty and shall avail credit of same?
CMA Ramesh Krishnan
(Expert)
18 October 2013
Since the cost of material is Nil then cannot issue C form
Vishnu Saboo
(Querist)
19 October 2013
thanks Ramesh sir, may i know any notification or section in this regard?
since party asking for C form so we need to satisfy him.
since party asking for C form so we need to satisfy him.
CMA Ramesh Krishnan
(Expert)
19 October 2013
No need to any sections or notification. it is the common sense. ask party how to upload the C form details without value. if they want to show the value, you need to book the invoice with value and show the Interstate purchase everything, then where is the question of cost free materials
Vishnu Saboo
(Querist)
19 October 2013
ok
thanks alot sir
thanks alot sir
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Capital Gail Exemption Certificate
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Accounting treatment of AMC alongwith the purchase of Laptop
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
