14 February 2013
A - Kolkata purchase goods from B - (Mumbai) B raised invoice in the name of A and sent it to GTA (Good transport Agency) From GTA place A sold the goods to C - Nagpur (Maharastra) How to deal with this matter as invoice is already issued by charging CST and sent to GTA.
14 February 2013
But as per law, sale was made to kolkata. So CST was applicable on the way purchaser sold material to other person so CST will be applicable. now Kolkata person put a note on back of invoice that it is sold to nagpur. kokata person issue C form to mumbai person and kolkata person issue E form to nagpur
15 March 2013
@Author - How Goverment is Suffering From 2% Loss ?
@Prashant - This is Not General Practice, This is Law, Pls Read CST Act. Secondly, There is No E Form in Whole CST Act, Forms are E1 and E2. Pls Read Section 6(2) of CST Act.
15 March 2013
A dealer who sells goods in transit has to obtain E-I/E-II forms from the seller and C form from the buyer. Submissions of both E-I/E-II and C form is mandatory to avail exemption.-Phool Chand Gupta v. State of AP 104 STC 601(SC)