Forklift purchase against C Form and tax credit validity of entry tax

[Parth Bhatt]

Dear Sir

1)Can we purchse Forklift ( two scenario i) for general use ii) for specific use in manufacturing process ) against C Form with 2% cst ?

2)can we take credit of entry tax paid on purchase of it ? I knw we cant for VAT ITC as it was answerd for VAT credit but want to confirm as its entry tax now in scenario.

3)what to do in case where dealer has not provided Form 403 road permit ? can it be considered local purchase in absense of availability of form 403 ? wt r consequnces/remedies for ds 403 issue

AI Summary

Discussion on Forklift Purchase with C Form: Entry Tax Credit Validity and CST Registration Rules. A forum discussion involves questions about purchasing forklifts against C Form and the validity of entry tax credit. The queries address whether forklifts can be purchased at a concessional rate for general or manufacturing use, and if entry tax credit applies. Responses suggest referring to specific sections of the Gujarat Tax Rules and CST Turnover Rules, emphasizing the need for items to be included in the CST registration and used in manufacturing. Additional issues include the absence of Form 403 and its implications. A related query discusses purchasing vehicles for mining services and the applicability of C Form and tax credits.