E-1 sale under cst act
This query is : Resolved
07 March 2013
Suppose A(Dealer/Trader) is a registered company in Orissa. It has
it's branch in Maharashtra.Now Maharashtra Branch of A gets order from
Delhi (B) to deliver
certain goods.Maharashtra Branch in turn places order in Orissa to a
manufacturer (C) to deliver goods directly to Delhi and raise invoice
on it(Branch).
I want to know whether this transaction will be a E-1 sale or not?
Whether CST is exempt on above sale since Dealer(A) and
Manufacturer(C) belong to same State although Branch which is acting
as Dealer in this case is in another state?
it's branch in Maharashtra.Now Maharashtra Branch of A gets order from
Delhi (B) to deliver
certain goods.Maharashtra Branch in turn places order in Orissa to a
manufacturer (C) to deliver goods directly to Delhi and raise invoice
on it(Branch).
I want to know whether this transaction will be a E-1 sale or not?
Whether CST is exempt on above sale since Dealer(A) and
Manufacturer(C) belong to same State although Branch which is acting
as Dealer in this case is in another state?
08 March 2013
As per my knowledge ..
CST is applicable, even if its E1 sales..
If you want that the manufacturer will raise invoice against Maharastra then it will be a E1 sales.
CST is applicable, even if its E1 sales..
If you want that the manufacturer will raise invoice against Maharastra then it will be a E1 sales.
08 March 2013
As per my knowledge ..
CST is applicable, even if its E1 sales..
If you want that the manufacturer will raise invoice against Maharastra then it will be a E1 sales.
CST is applicable, even if its E1 sales..
If you want that the manufacturer will raise invoice against Maharastra then it will be a E1 sales.
08 March 2013
In this transaction the branch of A in Maharashtra is placing order on C to supply goods to B in Delhi. The invoice is raised on the A's branch by 'C'and under his instructions delivered to B. So, This is an E1 sale,but 'C' will charge CST in his invoice and A's branch is given exemption from CST as sale in transit...mjk
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- REGARDING GST ON COMMERICIAL PROPERTY
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Donation Receipt u/s 80G
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
