TaxTMI 
TaxTMI 
We didn't submit to any party Cform from 2006.
It can be problem?
I don't know how to get the C form and where to start.
Please inform to us.
C form pending from 2006
07 Jun 2012 
3 Replies 
9551 Views Asked by
C form requirement: absence can trigger suppliers' tax recovery with interest and penalties; verify jobwork exemption and revise returns.
Absence of C form for interstate transactions can expose the taxpayer to claims for unpaid tax with statutory interest and penalties; remedial steps include revising VAT returns to disclose interstate sales, applying to the jurisdictional VAT department for C forms on a quarterly basis, and consulting authorities. A genuine jobwork exemption negates the C form requirement, but transactions treated as sales or involving utilisation of material necessitate C forms, so review of accounting treatment and specialist advice is required. (AI Summary)
Absence of C form for interstate transactions can expose the taxpayer to claims for unpaid tax with statutory interest and penalties; remedial steps include revising VAT returns to disclose interstate sales, applying to the jurisdictional VAT department for C forms on a quarterly basis, and consulting authorities. A genuine jobwork exemption negates the C form requirement, but transactions treated as sales or involving utilisation of material necessitate C forms, so review of accounting treatment and specialist advice is required. (AI Summary)