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    <title>C form issued on Commercial Invoice instead of Excise Invoices</title>
    <link>https://www.taxtmi.com/forum/issue?id=107409</link>
    <description>C forms issued against a commercial invoice rather than the excise invoices may be accepted if the taxpayer provides a reconciliation linking the commercial invoice to the excise invoice(s) declared in VAT returns; statutory forms must not understate invoice values and one-to-one correlation will be essential at assessment or audit. Where transactions involve sale in transit, E-1 forms may be issued on the basis of a C form with supporting reconciliation, subject to review of the actual documents and factual execution.</description>
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    <pubDate>Sun, 28 Sep 2014 17:05:26 +0530</pubDate>
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      <title>C form issued on Commercial Invoice instead of Excise Invoices</title>
      <link>https://www.taxtmi.com/forum/issue?id=107409</link>
      <description>C forms issued against a commercial invoice rather than the excise invoices may be accepted if the taxpayer provides a reconciliation linking the commercial invoice to the excise invoice(s) declared in VAT returns; statutory forms must not understate invoice values and one-to-one correlation will be essential at assessment or audit. Where transactions involve sale in transit, E-1 forms may be issued on the basis of a C form with supporting reconciliation, subject to review of the actual documents and factual execution.</description>
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      <law>VAT / Sales Tax</law>
      <pubDate>Sun, 28 Sep 2014 17:05:26 +0530</pubDate>
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