Procedure in case of Loss of C form(CST ACT)

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ABIR KUMAR DEB (Querist)
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17 August 2010 Dear Experts, i have a query regarding the procedure in case of loss of a particular C Form.

It is a known fact that-

1) If duly completed or blank C form is lost when it was in custody of purchasing dealer or when the form was in transit to selling dealer, the purchasing dealer will have to furnish ‘Indemnity Bond’ to sales tax authority (from whom the blank forms were obtained) in prescribed ‘G’ form.

2) If the duly completed C form is lost after it is received by selling dealer, he has to submit indemnity bond to sales tax authority of his State.

But sir, what if the C form has been duly submitted by the selling dealer to the sales tax authority and after having been submitted, coincidentally lost by both the sales tax authority(the original copy) and the selling dealer (the duplicate copy).
Shall the tax concession under CST act be disallowed? what should the selling dealer do in order to claim such tax concession?

sachin alwadhi

sachin alwadhi (Expert)
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17 August 2010 i hope u have not lost acknowledgement of deposit of sales tax forms to sales tax authorities.otherwise Asessing officer will not give to u any credit.
if in ur state the rule of submission of sale tax forms in original form then duplicate is nothing matter which u have lost.

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