C-forms & e-1 forms
This query is : Resolved
18 February 2012
I Want to Know why should we recived C-Form & E-1 Forms From the Parties
18 February 2012
In the case of Inter state trade or commerce, registered dealer can get goods at concessional rate of CST, if he produces a declaration in Form C to the selling dealer.
The Registered purchasing dealer can get blank form C from the Sales tax authorities of the state in which he is actually registered.
Contents of Form C---------
Form C contains particulars like name of issuing state, date of issue, name of purchasing dealer, to whom Form C is issued, his R.C.No., date from which R.C is valid, name and address of the seller with name of the state, details of the goods ordered and obtained. It bears seal of the Sales tax authority issuing the form.
Form C is issued by the purchasing dealer to the selling dealer who shall submit to the sales tax assessing authority.
A single Form C is sufficient to cover all transaction of sale which take place in one financial year between the same two dealers
Form E-1:
This form is to be issued by the selling dealer who makes the first inter-State sale during movement of goods from one state to another to enable his purchaser to claim the benefit of exemption from C.S.T. on the second inter-State sale effected by him during the movement of goods. This form is required to be obtained from the Sales Tax Officer.
The Registered purchasing dealer can get blank form C from the Sales tax authorities of the state in which he is actually registered.
Contents of Form C---------
Form C contains particulars like name of issuing state, date of issue, name of purchasing dealer, to whom Form C is issued, his R.C.No., date from which R.C is valid, name and address of the seller with name of the state, details of the goods ordered and obtained. It bears seal of the Sales tax authority issuing the form.
Form C is issued by the purchasing dealer to the selling dealer who shall submit to the sales tax assessing authority.
A single Form C is sufficient to cover all transaction of sale which take place in one financial year between the same two dealers
Form E-1:
This form is to be issued by the selling dealer who makes the first inter-State sale during movement of goods from one state to another to enable his purchaser to claim the benefit of exemption from C.S.T. on the second inter-State sale effected by him during the movement of goods. This form is required to be obtained from the Sales Tax Officer.
18 February 2012
WELL EXPLAINATION BY EXPERT ANY QUERY,
18 February 2012
Sumit Ji
Last but one para needs reconsideration in view of 2nd proviso to rule 12(1) of The CST (Registration & Turnover)Rules,1957 which reads as follows:-
Provided further that a single declaration may cover
all transactions of sale, which take place in a quarter
of a financial year between the same two dealers.
Last but one para needs reconsideration in view of 2nd proviso to rule 12(1) of The CST (Registration & Turnover)Rules,1957 which reads as follows:-
Provided further that a single declaration may cover
all transactions of sale, which take place in a quarter
of a financial year between the same two dealers.
18 February 2012
Again thanks B. Sir
I m fresher So need support of Senior members and correct me wherever i m wrong.
I m fresher So need support of Senior members and correct me wherever i m wrong.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Should I report my US salary for January, February, March in Schedule FA?
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
