TaxTMI 
TaxTMI 
a csutomer fail to provide c form
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.... csutomer fail to provide c form<br> Query (Issue) Started By: - krishan sharma Dated:- 26-4-2011 Last Reply Date:- 28-5-2011 VAT + CST<br>Got 2 Replies<br>VAT / Sales Tax<br>dear sir i have quiry regading to cst sale . if a (delhi) saler recieved a purchase order from (up) buyer in the form of cst sale and saler completed the order as per buyer requirement and consideration paid by buyer as per....
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.... order but buyer fail to issue c form to saler against said sale in this situation , what can do saler so that he safe from penalty and interest charged by department against lower tax paid Reply By CA Rachit Agarwal: The Reply: There are many such cases are pending before department for assessment. However "C" Form is mandatory requirements. Reply By pradeep khatri: The Reply: Dear S....
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....ir, The Honble Allahabad High Court had held that even thogh declaration form for claiming exemption/concession may be required to be filed during the course of assessment proceedings but, in cases of non furnishing thereof, tax has to be levied at the normal rate which would become the admitted tax and interest and would be liable from the due date of the return in which turnover was disclosed a....
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....nd exemption/concession has been claimed. There is no scope for consideration of legitimate expectation or hope or bonafide pleas of the Act - CIT vs Control Switch Gears Co. Ltd. (2011) 10 VSTI 18 (All). Further, you can also go through the case law 'J.K.Synthetics Ltd. vs. CTO (1994) 94 STC (SC) In this matter the Hon'ble Supreme Court had laid down cerntain principles regarding where the deale....
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....r has paid tax bonafidely but the amount of tax is enhanced at the time fo assessment, which may be useful in deciding the above issue in hand. Best Regards, Pradeep Khatri<br> Discussion Forum - Knowledge Sharing ....