Procedure for "c' froms under cts act

Querist : Anonymous (Querist) 19 September 2011 This query is : Resolved
Dear Experts,
We have sold goods(biomatrical products)out of Maharashtra. We have charged CTS @ 4%, but we have not obtained "C" forms as per CTS Act from dealers. What will we do to obtain these forms? Shall we send Legal Notice to them for demanding "C" forms? If they do not response What will we do?

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prabhakar singh (Expert) 20 September 2011
post it on caclub or taxguru.

Shailesh Kumar Shah (Expert) 20 September 2011
Right Advised by Prabhakar sir.

R K JAIN (Expert) 20 September 2011
If you have a contract with the dealer in writing then you can file a case for the balance tax/interest if any which will be demanded by your taxing authority. You can send a notice to dealer that you have failed to submit the C form as per agreement and a case for the demand of tax/interest can be filed against the dealer.

soumitra basu (Expert) 23 October 2011
In absence of C form the assessing officer shall charge the local rate of Vat.
In future, when you are not sure about receiving the C form from your customer, then keep the difference of tax as security deposit.

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