C form against interstate sales

[Harsha Seenappa]

Dear Sir/Madam,

What action can be taken by concerned state sales authorities against the default firms who failed to furnish the 'C' form to seller of the product for having purchased the good on CST Transaction against 'C' form on interstate basis i.e 2009-10,2011-12,2012-13,2013-14,2014-15 under CST act 1956.

AI Summary

Form C non-filing: seller must pay differential tax, but buyer may be liable and C forms can be accepted late.
Where a purchasing dealer fails to furnish Form C, the seller must deposit the differential tax, and the revenue may recover that amount from the purchaser; availing the concessional rate depends on filing Form C, non-filing results in loss of concession rather than penal forfeiture, and Form C may be accepted belatedly at assessment or appellate stages if revenue is not prejudiced.