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E1 Sale under CST

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ashwani garg (articale) (20 Points)
Replied 11 December 2008

I WANT TO KNOW THAT WHO WILL BE CHARGED CST UNDER E1 SALES.


RAJU (LEARNER) (1089 Points)
Replied 11 December 2008

Originally posted by :Guest
" what is e1 sales "


 

E-1 sale is a sale effected by transfer of document of title while the goods are in interstate movement. 

For eg: X of Karnataka sells goods to A of Maharashtra charging CST.  While they are in movement if A sells such goods in movement without taking the delivery/handling the goods to another dealer, the sale effected by A will be exempt from tax.


(Guest)

What is the documenation requirment and procedure for this transaction ?


Sandeep (Service) (33 Points)
Replied 08 January 2010

I would like to know this as

A - Supplier (Gujarat)

B- Buyer (Maharashtra)

C - Consignee (Silvassa)

D- Another Consignee (Thane - Maharashtra)

CAN A RAISE INVOICE AS IN CONSIGNEE COLUME - D A/C C & IN BUYER COLUME B

AND B WILL RAISE INVOICE ON C AS BUYER & D AS CONSIGNEE.

IS IT CALL TRANSIT SALE U/S 6(2).

pls reply as it is ungent

 


venkat (Sr.Executive - Accounts)   (31 Points)
Replied 13 February 2010

Dear Sirs,

 

Please explain following things

 

1. what is E1 sales?

2. What is the E1 sales porcedure? and wht is the necessary documents for E1 sales?

please explain about total E1 sales....

and send me the any material or reffer any book for E1 sales (urgent pls........)

my mail id:  venkatesh.sajja @ gmail.com

Thanks & Regards

 

Venkatesh.Sajja

8008004677



Vaibav (Business Analyst) (21 Points)
Replied 22 February 2010

I need information if this type of business is allowed.

Mr X(Seller)  : Mumbai (Maharashtra)

Manufacturer : Mangalore (Karnataka)

Mr A (Buyer) : Mysore (Karnataka)

 Mr X  is in Mumbai and he regularly purchases Product Y from Mangalore Karnataka.  Mr A in Mysore is relative of  Mr X  who want to enter the business.

 Question 1 : Can Mr X buy Product Y from Mangalore and sell it to Mr A in Mysore.

 Question 2 : Is this E1 sales.

 Question 3 : Since Mr X has to raise an invoice from Mumbai invoice will reach Mysore after 3 days. How to transport Product Y from Mangalore to Mysore since invoice will not be there.


ANAND JANI (PROPRIETOR) (41 Points)
Replied 01 June 2010

Dear sir,

 

i am purchase 1 m/c from hydrabad under e1 transaction i am regd delear in ahmedabad, gujarat

and this m/c sold in ahmedabad to other party so what kind of form recd & issue


joy jacob (Coordinator) (25 Points)
Replied 22 July 2010

Hello sir

I have a query , I have

A - purcaser

B - Seller

C - Final Consumer

B is selling goods to A, and A is selling to C , B & C are in same state, what tax would be applicable

how the invoice would be created betwwen all these.

I understand this is not E1 sale , as first seller and final consumtion is in same state

Pls reply asap, as metter is urgent


Ashish Kumar (Manager) (25 Points)
Replied 09 September 2010

Dear All ,

Kindly Guide.............

X has placed an order on Y, both X and Y are in the state of Jharkhand, Y has placed the order on Z , and Z will send directly to X ,whereY is in the state of West Bengal.

Is this transaction from E1 transaction...................?????

 

 


Sukumar S (Accountant) (23 Points)
Replied 16 October 2012

'A' is a dealer in chennai sells goods to 'B' in chennai and the goods is consigned to 'C' (as per instruction of 'B') who is in other state. Please let me know who has to give Form-C and Form E1 and to whom.

 




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