INTERSTATE SALE OF MOULD TO A MAUFACTURER AGAINST C FORM

Save Share

This query is : Resolved

Quick Summary

A seller is seeking clarification on whether an interstate sale of a mould to a manufacturer, made against a C form in 2014-15, is valid. The Excise & Taxation department is refusing the C form and demanding local VAT. Advice suggests that C forms are indeed valid for capital goods like moulds, which are considered machinery parts used in production.

satish kumar Chauhan

satish kumar Chauhan (Querist)

23 January 2021 Dear sir

I had sold a mould to a manufacturer against C form in the year 2014-15 and deposited the CST @ 2%. The Excise & Taxation department not accepting the C form against this sale and forced to us deposited the tax as local Vat tax rate,

Is interstate sale of mould against c form is invalid ? or not kindly provide any clarification.

Thanks

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)

23 January 2021 Better to contact with local CA

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

24 January 2021 It's valid C Form can also be issued for purchase of capital items/goods i.e. Machinery etc. and/or machinery parts used in the production of final product.
Mould will be part of machinery eligible for C form.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now