01 December 2009
We have our head office in the state of Maharashtra & a branch office in the state of Orissa. For a customer in Orissa we want to do an E-1 sale by raising an invoice in the name of our branch office in Orissa as our buyer & customer as the consignee. Please let me know what would be the CST implication in this transaction.
01 December 2009
You can simply made a transaction of Consignment transfer to your branch in orisa & raised the invoice in favour of Local customer in Orisa. Simply you have to collect the F Form from your Branch / Depo on Monthly basis.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
01 December 2009
Dear Mr.Amol,
Your suggestion is known to us. Since the customer insist upon purchasing the material against CST.
Our office in Orissa is registered separately under Orissa state. Customer place the order In Orissa Branch name. We raise the invoice E 1 Sales invoice in the name of our office in orissa & customer as the consignee. We issue the E-1 sales forms to our office in Orissa. Whether the transaction is a valid transaction? Please comment.
CAclubindia
