Purchse under form k

Yes you can show the purchase from Form K delar in Annexure I with the respective code and tax amount should be Zero.

Originally posted by : sundaresan
	Yes you can show the purchase from Form K delar in Annexure I with the respective code and tax amount should be Zero.

thank you sir, 

is this compulsory ? ie in the annexw 1 -tin number of the party/name of tthe party amount  etc as normal excepting the % of tax as 0 & amount collected as 0

sir, what is purchase  under sec 12 which is shown in form I while filling this 

thank you very much sir,

vijayakumar

Section 12 Purchase is Purchase with out bills for that you have pay tax on claim on  subsequent month.

IT is better if you inculde all the purchases.

Sir, there is a small problem. If I show the form K purchase as you had suggested - the sales tax authorities -compel me -not to buy from FORM-K dealer - & ask me to buy from Vat dealer.

That is why I want to avoid mentioning the purchase of FORM K .Is it ok/

Thanking you.

vijayakumar