Capital Goods
This query is : Open
31 March 2010
Can a Dealer purchase capital goods against C form
please reply as soon as possible.
please reply as soon as possible.
K Bala Kishan
(Expert)
31 March 2010
Yes, Dealer can purchase capital goods against 'C' form. Please see for list of items which are eligible for issuing 'C' forms and which are not eligible.
List of items eligible to purchase against form 'C':-
Goods intended for use by him as :
–Raw Materials / Processing Materials / Packing Materials
–Machinery
–Plant
–Equipment, tools, stores, accessories, fuel or lubricants:-
•In the manufacture or processing of goods for sale or
•Mining or
•Generation or
•Distribution of electricity or in any other form of power
For more details, refer the state Commercial taxes department local CST ACT
List of items eligible to purchase against form 'C':-
Goods intended for use by him as :
–Raw Materials / Processing Materials / Packing Materials
–Machinery
–Plant
–Equipment, tools, stores, accessories, fuel or lubricants:-
•In the manufacture or processing of goods for sale or
•Mining or
•Generation or
•Distribution of electricity or in any other form of power
For more details, refer the state Commercial taxes department local CST ACT
CMA Ramesh Krishnan
(Expert)
31 March 2010
agree with expert
03 April 2010
Dear Sir,
Please confirm in which coloum of VAT Return I show Purchase against C form of Capital Goods.
As soon as possible.
Please confirm in which coloum of VAT Return I show Purchase against C form of Capital Goods.
As soon as possible.
K Bala Kishan
(Expert)
05 April 2010
which column in the sense, please clarify your doubt clearly.
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