Furnishing of ‘C’ Forms Not Required for Lesser Tax Rate Goods: AP HC

Quantum Engineers Vs State of Andhra Pradesh (Andhra Pradesh High Court) Andhra Pradesh High Court addressed a tax revision petition filed by Quantum Engineers challenging the VAT Appellate Tribunal’s decision that upheld earlier orders imposing a 14.5% tax rate on inter-state sales due to non-submission of ‘C’ forms. Quantum Engineers, a business dealing in machinery spares and safety equipment, argued that the disputed sales involved cotton/hosiery hand gloves taxed at 4% under Schedule IV of the VAT Act, 2005. Since no exemption was claimed, the petitioner contended that &...