Purchase of Material against FORM C
This query is : Open
Charudutta R. Mhalgi
(Querist)
23 August 2010
Respected Sir,
The transaction is as follows-
A --- is the Local purchaser
B --- is the seller out of Maharashtra
C --- is the Local supplier
Now A is the billing address and payment made by & also FORM C issued by A to B.
C is the delivery address.In this case FORM C also issued by C to A. My query is whether it is correct ?
Kindly advice for the same.
Regards
The transaction is as follows-
A --- is the Local purchaser
B --- is the seller out of Maharashtra
C --- is the Local supplier
Now A is the billing address and payment made by & also FORM C issued by A to B.
C is the delivery address.In this case FORM C also issued by C to A. My query is whether it is correct ?
Kindly advice for the same.
Regards
23 August 2010
In my opinion form C should have been issued by A to B.Is C a third party?Or a warehouse where goods imported from another state is stored?
CMA Ramesh Krishnan
(Expert)
23 August 2010
According to me A has to issue C form to B since the B is billing to A only.delivery address will not do that
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