My query is in the execution of works contract ,in the movement of goods from one state to another whether c form can be issued by customer
Issue of c forms
Guest
Can Customers Issue C Forms for Interstate Goods in Works Contracts? Goods Treated as Sale Since 2002. A query was raised about whether a customer can issue a C form for goods moved across states under a works contract. Two responses were provided. The first response noted that goods in a works contract have been considered a sale since May 11, 2002. The second response confirmed that a works contract is treated as a sale, allowing for a concessional tax rate if the goods are used by a registered dealer and are included in the contractor's registration certificate. (AI Summary)
TaxTMI
TaxTMI