SUBMISSION OF VAT20 WITHOUT C FORM

[Anil Gagneja]

We are manufacturing PCB Assembly and registered under Excise and Taxation Department Chandigarh.

As you all know that the last date of filing of VAT20 is 20.11.2011 along with C Form.

One of our customer is not issued us the C Form due to non availability of C Form. He has already applied for C Form to the concerned department and send us the copy of application of the same.  He will issue us the C Form at an early date..

Please advise whether we have to pay the differential tax or submit the C Form at later stage when we receive.

[r.rajkumar kumar]

if y paid the difference of tax i do not think y will get it back. There are no of casse laws c form can be produce after obtain from the buyer. ask assessing authority to give time to produce the c form and produce the letter from the assessing officer of buyer for the reason of the delay. Once the goods sold to the buyer under c form the buyer has to give c form at any cost pl raise db note to the buyer and collect the tax difference and return once y get the refund from the department. tks

AI Summary

C Form delay: request time to produce certificate and use buyer application as evidence before paying tax differential.
Where the buyer has applied for but not yet furnished the C Form, the supplier should request time from the assessing authority to produce the certificate, supply the buyer's application or an assessing officer's letter as evidence of delay, and may raise a debit note to recover any tax differential from the buyer while preserving proof for a departmental refund if payment is made prematurely.