22 January 2013
i have asked "x" to deliver material to "y" by charging CST on his invoice,after this i have raised invoice to "y" as E1 sales with out charging any tax on invoice and collected C form from him.And i have issued c form to "X". My doubt is whether i should collect E1 form from "X" or "Y" . Please guide me on this.
22 January 2013
Form E1 is used for making subsequent sales in the course of interstate sale/purchase by the first or original purchaser of goods. This Form should always be accompanied with 'Form C'. The Form E1 is used for first subsequent sales by transfer of document of title to goods.
Form E1 is issued by the 'x' to the dealer who is making subsequent sales for claiming the exemption from payment of CST to the subsequent buyer (i.e. 'Me'). The first subsequent seller (i.e. 'Me') of goods receives 'Form E1' and submits it to the department to claim exemption from CST for any sale made to other interstate registered dealer.
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