C form to be issued before assessment period in current date

[Anil Gagneja]

Our assesment had done upto March 2010. Due to oversight , we have not issued the C Form to our vendor for the earlier period (i.e. before assessment period).

Can we issue C Form for the period before 2010 ?.

[PRASANTA KHATAI]

Yes,You can , provided your purchases are declared with the authority for the relevant period for which assessment is completed.Also see whether the relevant State's authority are issuing online or offline form C.If it is offline manual , this will be more convenient.

Incase it is online , you have to get it issued from the authority on the basis of the purchase declaration.

In the unlike event where purchases are not declared,& the forms are issued online,you may face criticality ; but still remain hopeful and in case science does not work , you have to take shelter of the art of handling of your Ward people,

I am hopeful,your work will be done smoothly,

Thanks

Prasanta

[YAGAY andSUN]

Yes , you can.  But it will more dependent on theprovisions/ Rules of your State pertaining the CST Act.  Further, such transactions should be mentioned in the Returns. 

[Anil Gagneja]

Is their any period of assessment defined under CST Act, 1956 ?

AI Summary

Retrospective C form issuance depends on purchase declarations and state procedural rules for online or offline issuance. Retrospective issuance of C Forms is allowed if the purchaser declared the relevant purchases for the earlier period; issuance procedures depend on whether the State authority issues C Forms online or offline. Offline/manual issuance is more practicable, whereas exclusive online systems make retrospective issuance difficult if purchases were not declared. State-specific rules under the Central Sales statutory framework determine conditions and the requirement that such transactions be reflected in the statutory returns.