CLARIFICATION REGARDING FORM C

[Guest]

Dear Sir,

We have raised Invoice on 29th March 2014 and supplied goods to our customer. But they have received goods in the month of April 2014 (Next Financial Year) and they have issued C form also in the First Quarter of Next Financial year of 2014-15 instead of 2013-14 financial year.

So we now request you to advise us whether this form is acceptable by the Sales Tax department

Please clarify this issue immediately.

Regards

P.VIJAY GOPAL

[Ganeshan Kalyani]

This is common issue faced by all the assesses. In most of thr instances department accepts such forms. Thanks.

AI Summary

C form acceptance: delayed issuance after invoice date is generally accepted by sales tax authorities when goods received later. Seller invoiced goods before year-end but buyer received goods and issued a C Form in the next financial year; departments commonly accept a C Form issued after invoice date when goods are received later, reflecting routine sales tax practice rather than a legislated mandate.