Can we cancelled C-Form & issue new?
Dear Sir,
We have issued C-Form to our vendor against material purchase for the period from 01.04.2015 to 30.06.2015. But party invoice date is 30.03.2015 in financial year 2014-2015 we have received material in financial 2015-2016 hence we accounted this transaction in financial 2015-16 & issued C-Form but party not accept it they required C-Form for financial 2014-2015. So we hereby request pl guide us. Can we issue new C-Form? If Yes, What is the producer?
Thanks,
Khomne R. M.
Explore Cancelling a C-Form for 2015-2016; Issue Separate C-Form per Rule 12(1) of CST Rules. A user inquired about the possibility of canceling a C-Form issued for a transaction recorded in the financial year 2015-2016, while the vendor requires it for 2014-2015. Responses suggest issuing a separate C-Form for the material received in 2015-2016, referencing Rule 12(1) of the CST Rules. For cancellation, consulting the local VAT office is recommended. The process can be lengthy, taking up to 5-6 months, although some states, like Rajasthan, facilitate quicker processing, potentially completing it within a week. (AI Summary)
VAT + CST