SIR,
I AM A CST REGISTERED DEALER (KERALA) & DOING GASKET MANUFACTURING BUSINESS.
I WANT TO PURCHASE A MACHINERY (FOR PRODUCTION PURPOSE).
WHETHER I CAN PURCHASE THE MACHINERY IN C FORM?
FOR THIS PURPOSE, WHETHER I HAVE TO GIVE ANY APPLICATION IN SALES TAX OFFICE ?
WHETHER MY MACHINERY BLOCKED IN THE CHECK POST FOR CAPITAL GOODS ISSUE?
PLEASE TELL ME THE WHOLE PROCEDURE FOR PURCHASING A MACHINERYIN C FORM.
Machinery Purchase Under Form C Permitted for Registered Dealers; Ensure Documentation and Concessional Tax Rate Compliance A CST registered dealer in Kerala, engaged in gasket manufacturing, inquired about purchasing machinery using Form C. The responses clarified that machinery can be procured under Form C if it is listed in the CST Registration Certificate under Plant & Machinery. There is no need for a separate application, but details must be included in the CST/VAT return to the Kerala VAT Department. Form C should be issued quarterly, and it is important to ensure the concessional tax rate is applied on the invoice and that all related documentation is securely preserved. (AI Summary)