Purchase machinery from gujarat by maharashtra regd dealer

This query is : Resolved

yashsr (Querist)
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11 May 2012 Hello,

I'm a regd dealer in Maharashtra. I purchased machinery(fixed asset) from Gujarat by paying 2% CST instead of 5%. I'm yet to give him C form. I have the following questions:

1) Is C form given while purchase or at the end of the quarter or year?

2) Can C form be given for purchase of fixed asset?

3) Since I've already paid duty @ 2% and not given C Form yet, what if I do not give C form to the seller at all? Will he recover the additional 3$ duty?

4) The Machinery was purchased in February. Does the detail of the same have to shown in VAT return for that period? Or only goods are covered in VAT Return?

Venkattaraman A

Venkattaraman A (Expert)
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12 May 2012 Dear Yashar

The normal procedure is to give C form while procuring goods from other state for using the same in the Manufacturing Process and the the final out put is meant for resale.

The goods purchased under C form and which is meant for own use and not for resale then you have to pay full tax and can't claim concessional rate under C Form

Please contact the Commercial Tax Department for further details

Regards

Venkattaraman A

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