Form c
prathima
(Querist) 29 November 2013
This query is : Resolved
HI, we have recently puchased capital equipments (material handling euqipment) for our warehouse in our manfuacturing plant. These are eligible for concessional tax but these equipments are not listed in our CST registration certificate as on purchase date. As i understand all raw material and capex has has to be registered in CST certificate before purchase to avail concessional tax. Now that we have already purchased material, can we add these items into registration certificate and issue Form C to vendor for this transaction?
R.K Nanda
(Expert) 29 November 2013
consult tax lawyer.
H.M.Patnaik
(Expert) 15 March 2016
You have answered your query already.
However, if you have only received the Capital Goods through Challan and the sale invoice(Tax Invoice) is to be obtained in a later date ,in such a case you can first incorporate the said goods in your Regn. Certificate in online mode and after the date of confirmation approach the seller to issue invoice on C form condition to avail the requisite benefit of concessional purchase.
