taxation
This query is : Resolved
18 August 2009
Respected sirs,
Can I purchase a capital goods
against form C.
Thanks
Can I purchase a capital goods
against form C.
Thanks
20 August 2009
A manufacturer is eligible to purchase capital goods against Form C, if the goods are covered in his registration certificate issued under the CST Act, 1956 and the goods are to be used for sale, that is the goods manufactured or processed by the registered dealer must be the goods intended for sale. Hence, if you comply with the conditions mentioned above, you would be eligible to procure capital goods against Form C.
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