14 December 2011
If A purchase goods from B and intimate him to directly give these goods to C it means to avoid tax A sell goods to C and intimate B to give goods directly to C What is the procedure and forms applicable. Plz tell its urgent
14 December 2011
Mr. Author, This is called sale in transit (E1)and permitted in only interstate transactions.A has to endorse on or issue a letter to the effect of endorsing asking 'B' to directly deliver goods to 'C'.B has to issue E1 form to 'A'and 'C' has to issue 'C' form to A. A also has to issue a C form to B... MJK