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Form 27C

1) The document provides the Form No. 27C declaration for a buyer to obtain goods without collection of tax. 2) The form requires information about the buyer such as name, PAN, address, nature of business, and purpose for obtaining goods. 3) It also requires information about the goods being obtained such as their nature and a declaration that they will not be used for trading purposes.

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Sandesh Jhawar
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435 views1 page

Form 27C

1) The document provides the Form No. 27C declaration for a buyer to obtain goods without collection of tax. 2) The form requires information about the buyer such as name, PAN, address, nature of business, and purpose for obtaining goods. 3) It also requires information about the goods being obtained such as their nature and a declaration that they will not be used for trading purposes.

Uploaded by

Sandesh Jhawar
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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(h)forFormNo.

27C,thefollowingFormshallbesubstituted,namely:
"FORMNo.27C
[Seerule37C]

Declarationundersubsection(1A)ofsection206CoftheIncometaxAct,1961tobemadebyabuyerforobtaininggoodswithoutcollectionoftax
PARTI
1.NameofBuyer(applicant) 2.PANoftheBuyer
INFORMATION:BUYER

3.Flat/Door/BlockNo. 4.NameofPremises 5.***Status(chooseamong1to6)


8.AssessedinwhichWard/Circle
6.Road/Street/Lane 7.Area/Locality 9.AOCode(underwhomassessedlasttime)
AreaCode AOType RangeCode AONo.
10.Town/City/District 11.State
12.PIN 13.LastAssessmentyearinwhichassessed
14.Email 15.TelephoneNo.(withSTDCode)and 16.PresentWard/Circle
MobileNo. 17.PresentAOCode(ifnotsameasabove)
18.JurisdictionalChiefCommissionerofIncometaxorCommissionerofIncometax(if AreaCode AOType RangeCode AONo.
notassessedtoIncometaxearlier)
INFORMATION:GOODS

19.NatureofBusiness/Occupation 20.Purposeofutilizationofgoods(ticktherelevantbox)
Manufacturing,processing,productionof
articlesorthings
21.Natureofgoods[referedtointhetableinsubsection(1)ofsection206C]
Generationofpower

.
**SignatureoftheDeclarant

Declaration/Verification
*I/We.do hereby declare that to the best of *my /our knowledge and belief what is stated above is correct, complete and is truly stated. *I
/we declare that the goods referred to in Column No. 21 shall not be used for trading purposes. *I/We also, declare that *I/we *am/are resident in India within
themeaningofsection6oftheIncometaxAct,1961.

Place: .. .
Date: .. SignatureoftheDeclarant

PARTII
[Forusebythepersontowhomthedeclarationisfurnished]
1.NameoftheSeller 2.PANoftheSeller

3.Completeaddress
4.TANoftheSeller

5.Email 6.TelephoneNo.(withSTDCode)and
MobileNo. 7.***Status(chooseamong1to6)
8.Dateonwhichdeclarationisfurnished(dd/mm/yyyy)

9.Dateofdebitingoftheamountpayablebythebuyertotheaccountofthebuyerorreceiptoftheamountpayablefromthebuyerincashorbyissueofa
chequeordraftorbyanyothermode(dd/mm/yyyy)

ForwardedtotheChiefCommissionerorCommissionerofIncometax

Place: ..
Date: .
Signatuerofthepersonresponsiblefor
collectingtaxatthetimeofthesaleofthe
goodsreferredtoincolumnno.21ofPartI.

Notes:
1. Thedeclarationshouldbefurnishedinduplicate.
2. *Deletewhicheverisnotapplicable.
3. **IndicatethecapacityinwhichthedeclarationisfurnishedonbehalfofaHUF,AOP,firm,company,etc.
4. ***1=Company;2=Firm;3=AOP/BOI;4=HUF;5=Individual;6=Others
5.
Beforesigningtheverification,thedeclarantshouldsatisfyhimselfthattheinformationfurnishedinthedeclarationistrue,correctandcompleteinallrespects.
Anypersonmakingafalsestatementinthedeclarationshallbeliabletoprosecutionunder277oftheIncometaxAct,1961andonconvictionbepunishable

i) Inacasewheretaxsoughttobeevadedexceedstwentyfivelakhrupees,withrigorousimprisonmentwhichshallnotbelessthan6monthsbut
whichmayextendtosevenyearsandwithfine;

ii) Inanyothercase,withrigorousimprisonmentwhichshallnotbelessthan3monthsbutwhichmayextendtotwoyearsandwithfine.";

Printed from www.incometaxindia.gov.in Page 1 of 1

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