Form-C

Others 864 views 4 replies

What action can be taken against the purchasers who are not giving Form-C for the purchase and increasing the tax liability.

Replies (4)

nothing can be done,

its duty of seller to obtain C form or deposit in lieu of C form at the time of sale.

Mr. Sharma,

Please suggest him also that if purchaser will not give the 'C' form then what will he should do????

 

Pls suggest him that part too..

 

Thanks

Originally posted by : Harpreet

Mr. Sharma,

Please suggest him also that if purchaser will not give the 'C' form then what will he should do????

 

Pls suggest him that part too..

 

Thanks

issue debit note for diff of tax and interest (unless the party is working with you in present, such debit notes are waste)

 If a purchaser does not submit required 'C' form then the seller has to pay the difference of tax to the govt concerned with interest and penalty,if any. To the buyer, you can isssue a debit note and debit him with the additional tax due from him. this balance of tax may be recovered either thrrough courtor in the normal course of business.

MJ Krishnamurthy


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details