Request for Guideline

[Guest]

Respected Sir,

We are manufacturer, by mistake we have taken CST registration after Six month due to our CEO is out of India ( on Oct instead of April ). But we have purchased Out of Maharashtra State material from buyer w.e.f.April.

What is procedure of getting of C form from VAT authority.Please guide in this matter.In case of the c form is issue by VAT authority is it permissible ?

Thanks & Regards

KULKARNI

[Ganeshan Kalyani]

This is an offence under the Act. One should not do interstate transaction against Form C without having CST registration. However now you are going to apply for the transaction took place before taking registration. If your application is accepted and you get the Form then in my it is valid document. But if rejected you supplier will demand the differential amount from you. Thanks.

[Ganeshan Kalyani]

Hope this issue is resolved. If not let the issue be discussed by experts in this forum. Thanks.

AI Summary

Retrospective Form C issuance: may validate prior interstate sales if authorities approve, otherwise supplier can claim tax differential. Undertaking interstate transactions without prior CST registration is an offence. The purchaser may apply to the VAT/CST authority for retrospective issuance of Form C; if issued, the Form C will validate the prior transactions, but if the authority refuses, the supplier may demand recovery of the tax differential from the purchaser.