Cst

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Nikesh Kumar (Querist)
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11 February 2012 A,B,C are three parties. A and B are in same state while c is another state. B purchase a material from C against C form and sold in transit to A. Kindly suggest the Invoice pattern which B will raise to A.The forms which is required to be given by A and B. Which party should give the road permit to C

CMA Nishad Patkar

CMA Nishad Patkar (Expert)
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12 February 2012 Following party's are involved

A--- Consignee
B--- Buyer
C--- Consigner

1. C Will raised the invoice on B by keeping A as consignee. His invoice shows CST @ 2% as a interstate Sale. B will Issue the invoice to A by charging NiL Cst as trf. of title of documents.
2. B will issue Form "C" to C and collect Form "E1" from him. B has to collect Form "C" from A. This will enable him to prove the material transfer while in Transit and NIL rate of CST would be accepted.