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Non submission of c form

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..... Non submission of c form
Query (Issue) Started By: - Ravali Grandhi Dated:- 24-10-2017 Last Reply Date:- 27-10-2017 VAT + CST
Got 5 Replies
VAT / Sales Tax
Hii all I have a query regarding non submission of c form A partnership firm made a interstate sale against c form in 2011 but didn't receive c form from buyer now sales tax department raised a notice for payment. My quest .....

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..... ion is 1. Now that partnership firm is not in existence so do the demand raised by department is valid?? 2.Even after Gst will those non submission of c forms cases prevail and whether they can raise demand on that??? Reply By KASTURI SETHI: The Reply: Answer to both queries are 'YES'. Govt. has legal right to raise demand. You are legally bound to pay Govt. dues. Even the firm does n .....

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..... ot exist, individual partners can be forced to pay. This is practical situation. Govt. Can do until and unless you have stay from court on legally strong ground. Reply By MARIAPPAN GOVINDARAJAN: The Reply: Even the partnership is no more or is dissolved the liability of the partnership is unlimited liability on the partners, unless otherwise provided in the partnership agreement. The Demand of t .....

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..... he department is valid. However you may consider the limitation period, if any, in this regard. Reply By Ravali Grandhi: The Reply: Thank u sir for reply so do all the partners are liable to the demand in the profit sharing ratio ?? What if any of the partners didn't turnup for liability??? Reply By KASTURI SETHI: The Reply: Recovery of Govt. dues has no link with profit sharing. That is .....

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..... your internal matter. If anybody does not comply with law, law will take its own course. No relaxation for any partner. Reply By Ravali Grandhi: The Reply: Thank u so much sir for reply
Discussion Forum - Knowledge Sharing .....

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