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Regarding Central Sale against C-Form

Vikash Kumar (Manager Accounts (CA. Final)) (694 Points)

24 December 2010

A company sale goods against C-Form-to x Ltd., but goods consigned to Z Ltd., as per instruction given by buyer. Means buyer is X. Ltd. and conignee is Z Ltd. as per mentioned in sale bill.

I want to know that, is there any other statutory form liability arises-other than C-Form which are receivable from X Ltd.?

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3 Replies

U S Sharma (glidor@gmail.com) (21056 Points)
Replied 24 December 2010

Originally posted by : Vikash Kumar
	A company sale goods against C-Form-to x Ltd., but goods consigned to Z Ltd., as per instruction given by buyer. Means buyer is X. Ltd. and conignee is Z Ltd. as per mentioned in sale bill. I want to know that, is there any other statutory form liability arises-other than C-Form which are receivable from X Ltd.?

C form issue by X confirms that they are buyer, so no complications, but if X ask for form E-1 then the prob may arise. in that case A cant mention the name of Z upto the transportation stage. if mentioned then E-1 is rejected.