How will a trader account for Purchase and Sale of goods under E-1 purchase and Sale?
(Sale in Transit under CST Act)
1 Replies
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(5227 Points)
Replied 30 June 2013
Provisions of 'C' form applicable to E1/E2 forms: Some provisions which are applicable to 'C' forms are also applicable to E1/E-II and 'C' forms. For example: one declaration for one quartor, indemnity bond if form is lost, issue of duplicate form, sales tax concession is not available if the forms are not submitted.
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