Can we issue C Form for purchase of Machinery & its parts (capital goods) used for manufacure of final goods ?
Asked on 12/09/10, 8:59 pm
1 Answer from Attorneys
Rohini Kumar Tenneti
R.K.1080 LEGAL SERVICES
you may issue C forms for any purchases meant for doing business,so to say,you cannot issue C forms for any capital purchases,as it becomes the asset and not stock for selling.
Answered on 12/09/10, 11:47 pm
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