Concessional sales tax form C for safety related items purch
This query is : Resolved
15 September 2008
We have been buying Personal Protective Equipment (PPE) and other safety related items like fire extinguishers, safety shoes, spectacles, tyre protection chasis etc.against concessional sales tax of 2% for use in the plant. Please inform whether we can issue form C for the purchases or shall we have to pay the differential tax to the vendors.
15 September 2008
If it is an interstate sale, then you can issue C form, why is this doubt and any specific against such use of C form.
15 September 2008
The department has disallowed in the earlier years and raised demand stating that we have misused the C forms. The department's argument is that the safety related items are not directly/indirectly connected to production activities. If possible, some relevant cases/sections may be quoted.
15 September 2008
Department's view is correct.
Department's view is correct.
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Sale of Equity shares for Purchase of Residential Property
- ECO SUPPLY REPORTIONG IN GSTR-1
- TDS PROCEDURE ON SALE OF IMMOVABLE PROPERTY BY NRI
- Payment to foreign customer
- Non issue of e way bill
- Subscription paid to foreign customer
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
