CAN WE ISSUE 'C' FORM MONTHLY.....

[AMIT GUPTA]

Dear Sir,

My question :- Can we issue the 'c' form monthly basis or not......

Kindly advise me as per law.

Regards

AMIT GUPTA

AI Summary

Clarification: 'C' forms for sales tax must be issued quarterly under CST Rules 1957, not monthly. Ensure compliance to avoid penalties. A participant inquired whether a 'C' form for sales tax purposes could be issued monthly. Responses clarified that under the Central Sales Tax (Registration and Turnover) Rules, 1957, the 'C' form should be issued quarterly, not monthly. Detailed explanations emphasized compliance with statutory provisions and the importance of aligning the CST registration certificate with interstate purchases. It was advised that forms must be submitted before or during assessment, and discrepancies could lead to penalties. The discussion aimed to enhance understanding and ensure proper adherence to tax regulations.