Is the below transaction "Sale In Transit / E1 Transaction" or not ?.
B purchases the material from A under CST biling and B prepare a Invoice without any tax amount to C.
the material A Delivers in the name of B and B Endorse the L.R.in the name of C. so, material collects by C
and A issues "E1" form to B and collects Form"C" from B . is collection of Form "C" from C by b is medatory. [C (awarder] belongs from rajasthan and b work contractor belong from rajasthan] c WILL not issue any "c from" to A or A] is it is a fare e-1 sale or not.
CAclubindia
