Sir,
We are supplied material on 31st of october from our branch to head office in other state they have recd material in the month of 5th of November. we are supplied some more materials also in the month of November the recd same month itself. In that case they have issued Form F totally in month of November Itself. But in AG Audit they are not accepting the Form F. They ask we to pay Full tax. Please give us suggestion for this matter.
Auditors demand full tax despite Form F submission; legal precedents suggest demand may be illegal. Separate declarations needed. A forum user raised an issue regarding the non-acceptance of Form F by auditors after transferring materials from a branch to a head office in a different state. Despite issuing Form F for all transfers in November, auditors demanded full tax payment. Responses included references to legal precedents where similar cases were resolved in favor of the taxpayer, suggesting that the demand may be illegal. Another response highlighted the need for separate declarations for transactions spanning different financial years, as per the Central Sales Tax Rules. (AI Summary)
TaxTMI 
TaxTMI 
TaxTMI 
