Please tell E1 and E2 Sales procedure if the case is this:
We, a party from Jaipur are placing a purchase order to a party from Jaipur and that party is further placing an purchase order to a party from Mumbai.
Please also tell which party have to issue which forms and whether this type of Purchases are to be shown in VAT return of ours.
25 January 2013
1. When you are buying from another party from jaipur. He will charge VAT/ reimburesment of CST, as it is a LOCAL SALE (local sale). 2. Your vendor is arranging to send the goods to your premises only. You are not buying directly from mumbai. Hence the actual buyer from Mumbai vendor is the one, from whom you are buying.
hence Your vendor will issue C form to the Mumbai Vendor.
CAclubindia
