My company has applied for the sales tax registration no., and may be within a week will recd the same. The product deals is having excise duty. So excise registration not yet done, after getting sales tax regd. excise regd will be done.
Now I have a supplier located at Raigarh (Chhattisgarh) and Buyer at Raipur (Chhattisgarh). Wants to do transit sale, that is the supplier will send material directly to the buyer on behalf me. Can I do it? Please inform. Also note the material is having excise duty.
Buyer will provide me 'C' Form, I will provide the supplier 'C' Form and Supplier will provide me 'E1' Form. Is it? Kindly suggest.
Will I show the amount of excise duty and CST on the commercial invoice raised to my buyer?
CAclubindia
