Issue of form F

[LAXMIKANT ARORA]

our consignee issue F form qtrly instead of monthly and A.A disallowed the same Kindly help us what step we can take

The declaration forms applicable under the CST Act viz. Form C, Form F etc can be furnished within 3 months after the end of the period of sale. - Pl refer Rule 12(7) of Central Sales tax (Registration and Turnover) Rules, 1957. Hence, The AO is not correct in disallowing the claim if the Form F is furnished on a quarterly basis.

i am not clear about F Forms related query. If F Form is issued monthly and the same is filed quarterly then the AO to accept as per CST Amendent. Where as F Form also issued quarterly in line with c form then it is wrong.

F Forms are to be issued on monthly basis. ie., one F Form for one month and one F Form can not be issued for all the transactions of three months. The AA is correct to disallow the same . You need to rectify and produce 12 F Forms for 12 months

AI Summary

Form F issuance frequency: quarterly submission contested versus monthly issuance requirement affecting CST claim acceptance.
Whether Form F may be treated on a quarterly basis or must be issued monthly turns on a tension between the allowance to furnish declaration forms within a prescribed period after the period of sale, which supports acceptance of quarterly submission, and an administrative requirement for one Form F per month, which leads to disallowance where a single quarterly form purports to cover multiple months.