A Ltd supplier is located in two different states & Both companies supplied material to Maharashtra state under CST act F Y 15-16.to B Ltd .
B Ltd issued C form but they by mistake mentioned different invoices of A Ltd in one C Form.
can B Ltd rectify now
what is the impact on A Ltd if not submitted corrected C form
Menu
C Form Correction 15-16
Replies (1)
Yes, it can be rectified by contacting the relevant tax authorities and submitting the revised 'C' form along with the necessary supporting documents.
If B Ltd does not rectify the mistake and submit the corrected 'C' form, it may have an impact on A Ltd. A Ltd may not be able to claim the credit for the tax paid on the inter-state sales, which may result in an increase in its tax liability. It is important for B Ltd to rectify the mistake and submit the corrected 'C' form to avoid any potential issues for A Ltd.
Recent Threads
- Can claim Itc
- Transfer of mutual funds to son as gift
- First Time ITR with 5000 penalty
- Loss due to non tradeable stocks
- What's CGAS?
- Income tax status
- Demand raised for 'Self assessment tax' amount AY2
- TDS payment using Form 26QB when buying property o
- Export sales not realised payment not received fro
- RCM related queries
Related Threads
CAclubindia
