Issuing I Form, VAT + CST

[Tushar Lingayat]

We are a SEZ Unit, We had a contract with local vendor ABC Co. for supply of construction material. XYZ Co. supplied us some material, which was billed to ABC Co. and delivered to us. Now XYZ co. asking us for I Form.

As we don't have any direct transaction with XYZ co. , Who should issue I form in this case ABC Co. or we?

Posts / Replies

[YAGAY and SUN]

In our view form I for construction material is doubtful.

[KASTURI SETHI]

Is it A-1 Form ? If so, it is for services. It has been dispensed with w.e.f. 1.7.17. For goods (construction materials) permission is required from the committee. Goods which are in default list, prior approval is required. Needless to say GST registration is must for both. Material is for authorised operations. Permission is required for this purpose.

[KASTURI SETHI]

You will get permission.

[YAGAY and SUN]

Form I relates to CST Act, 1956 and is used for supply of Goods to SEZ Unit from a DTA Unit for their authorized used.