C form issued for March supplies in next FY (I) quarterpril

[Abdul Razack Basha]

Dear Sir,

We have raised Invoice on 29th & 30th March 2013 and supplied goods to our customer. But they have received goods on 2nd April 2014 (Next Financial Year) and they have issued C form also in the First Quarter of Next Financial year of 2013-14 mingled with April, May and June supplies.

So we cant not able to submit the single original C form  for the year 2012-13 and 2013-14, we asked our customer and they said that we  cant issue separate C form for the year 2012-13 based on the invoice accounted in the next FY of 2013-14.

Please clarify this issue immediately.

Regards

Abdul Razack.

AI Summary

Business Seeks Clarification on Acceptability of Combined C Form for Goods Delivered Across Financial Years Under CST Rules A business raised invoices for goods supplied in March 2013, which the customer received in April 2014, leading to a C form being issued for the next financial year's first quarter. The issue arises because the C form combines transactions from two financial years, complicating tax submissions. A consultant advises that C form provisions under CST do not require strict period correlation, but a separate declaration might be needed for goods delivered across different financial years. The business seeks further clarification on whether such a combined C form is acceptable by tax authorities, referencing the Central Sales Tax Rules.