Form c against capital goods
This query is : Resolved
amber agrawal
(Querist)
22 January 2015
can form c be issued by a restaurant against purchase of capital goods like furniture, lights, generator from a dealer outside state .?
Amol S Joglekar
(Expert)
22 January 2015
Yes, you can very well issue form C and get the economy in prices. If at all you sell these capital goods in later years of your business, be careful, at that time it will be regarded as FIRST sale in your state. (Most likely situation is, due to GST, it will get waived off)
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