UP VAT Dept Allows Issuance of C-Form manually for Closed Firms with lower Turnover [Read Circular]

DVAT - Delhi - Taxscan

In a major relief to the Small Firms in the State of Uttar Pradesh, the VAT department allowed manual issuance of C Forms for closed Firms whose turnover is more than Rs  25 lakhs.

Manual printed Form-C shall be  issued for pre-closure central sales tax related operations.

UP VAT Department has started the facility for online generating/downloading of Form-C related to Central Sales Tax and other Forms.

However, issuance of manual forms becomes essential due to non-generation of forms by the closed firms.

The department, in this regard, directed its officials to issue manually printed Form-C to closed firms related to dealers having turnover of more than Rs.  25 lakhs. The forms are to be manually issued to closed firms only as due to the closure, the Form-C can not be downloaded online.

The facility for issue of manually printed form-C is already in vogue for dealers with turnover of less than Rs  25 lakhs.

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