Non submission of c, f & h form
This query is : Resolved
30 June 2012
If the Buyer has not been submitted C,F & H Form at the end of Financial Year, is any penalty has going to occur.
Please reply as soon as possible
Please reply as soon as possible
04 July 2012
Yes, each state has fixed a deadline date for submitting the c, f & h forms. It is better to colelct these forms before end of the next quarter and submit the same to the Assessing authorities. April to June quarter forms have to be submitted before july to sep. The non-submission of forms will attract levy of higher rate of tax under cst act with penalty. Some states have prescribed reversal of ITC availed proportionately.
09 July 2012
Thanks for the reply sir,
But what is the provision applicable in the state of Maharashtra. One of the company has neither collecting nor issuing the above mentioned forms. in that case company had not issued &/ collected the above forms for whole financial year therefore how much penalty will be attracted to company
But what is the provision applicable in the state of Maharashtra. One of the company has neither collecting nor issuing the above mentioned forms. in that case company had not issued &/ collected the above forms for whole financial year therefore how much penalty will be attracted to company
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
- Off Market debit and credit transaction
- ITR 2 Short Term gain & Long term gain
- Reporting Income under Section 44ADA
- Itr 1 processing
- Showing Gift from relative in ITR for this year
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Short Term Capital gain on shares bought and sold after 2018 onwards
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Share accounting-->fifo - capital gain - period as per fifo?
- Income of an individual
- NRE Interest Income applicability
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Query regarding TDS on EPFO Higher Pension Arrears*
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
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
