C Forms benefit cannot be denied on the ground of subsequent cancellation

Indo Silicon Electronics Pvt. Ltd. Vs Commissioner Trade & Taxes & Ors. (Delhi High Court) In the present case, there is no dispute that the purchasing dealer was duly registered with the Rajasthan Tax Authorities in respect of the goods sold by the petitioner. There is also no dispute that the C Forms are genuine and had been issued by the concerned authority at the material time. In this view, the benefit of the C Forms cannot be denied to the petitioner. It is necessary to bear in mind that C Forms are an integral part of the consideration received by the selling dealer. The commerc...