We party A having the VAT registration in Faridabad Haryana have a project equipment supply order from Party B who is located and registered for VAT in Karnataka. For some of the equipment we party A has placed the order for supply of equipment to Party C in Chennai Tamilnadu . We have asked Party C to supply and deliver the material to Party B directly with Billing in the name of Party A and delivery to Party B under interstate sale with C and E1 Transaction. This means material from Party C will be delivered to Party B directly as sale in transit interstate sale. Party C will bill to Party A and send the material directly to Party B under our instruction. In this case the invoice valve of party C shall be say Rs. 100 which is inclusive of Excise duty and CST @ 2%. once the delivery is done to project site to Party B. We Party A will raise the invoice on Party B SEPARATELY for Rs. 120 which is cost of the equipment + ED as + CST recouped as paid by Party C for payments. Party B will give C form to Party A for Rs. 120 and then we Party A will issue the C form to Party C for Rs. 100. Party C will issue Party A the E1 form to close the C and E1 Transaction.
Now the Questions are.
1. Whose Name will appear as consignor in E Sugam form?? Party A or Party C 2. Whose invoice number will be there in Sugam form. party A or party C 3. What will be the value of good in E Sugam form Rs. 100 or Rs. 120.
We will be thank full if experts in CAclubindia clarifies the matter urgently.
26 November 2012
E sugam document is required for movement of the goods. In your case the E sugam is to be generated by the dealer in karnataka with his TIN no. as interstate purchases from party in Chennai and A in Haryana shall not come in to picture for E SUGAM Purposes. Hope the same clarifies. for further clarification you may mail to pc_chhajer@yahoo.com
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