Reply sir
RAJESH CHOUDHARY
(Querist) 27 November 2011
This query is : Resolved
What is the last date for depositing c form?? Eg. What will be the last date for depositing C form for the period FY 2010-2011??
RAJESH CHOUDHARY
(Querist) 27 November 2011
does it happen in practical, that C form may be submitedd in 90 days. it means in the same years. bcoz we submit it at the time of assessment. on failing which , is there any penalty. Pl suggest
R.Ramachandran
(Expert) 27 November 2011
You can submit it at the stage of assessment. Failing which they will make assessment as for normal VAT and you have to pay the deficiency along with interest. Normally penalty is not levied in those cases.
Courts have permitted submission of C form even at the stage of Appeal.
R K JAIN
(Expert) 28 November 2011
As per Rule 7 of Central Sales tax Rules (R&T)1957 the C form shall be furnished within three months after the end of the quarter and authority may allow such declaration after that if the authority feels that the dealer was prevented by sufficient cause from furnishing the C Form. The dealer is bound to furnish that sufficient cause.
A. A. JOSE
(Expert) 28 November 2011
Agree with Mr.Ravinderkumar Jain and Mr.Ramachandran.
