07 June 2013
hello experts, i want to make an e1 sale. in this transaction the manufacturer is in mumbai, i will be the trader in coimbatore and my buyer is in hyderabad. i have the flwg clarification : 1) in the invoice issued by manufacturer do i mentioned myself as buyer and hyderabad party as consignee? 2) what documents will the supplier (mumbai) send with the trucks? 3) is there any way in which my price of purchase (from mumbai party) will not be known to my buyer (hyderabad party?
your advise will be highly appreciated and also i am looking for a consultant for this matter.
08 June 2013
A transaction of sale can be loaded in many trucks. Only you have to issue sepearte delivery challans(official like Form 505 in Karnataka,Form 38 in UP etc) for each vehicle,the total quantity being equal to the invoiced goods.Copies of invoice to be accowith each vehicle...mjk
10 June 2013
dear mr.mjk, in your previous response you mentioned "Copies of invoice to be accompanied with each vehicle". but in your first reply you have said we can despatch against challan. I'm a little confused if the invoice (with actual purchase value) has to be sent with the truck.
also my supplier is from mh and buyer is from ap. so the challan has to be of mh or ap?
CAclubindia
