E 1 form (goods in transit)
This query is : Resolved
01 August 2015
Dear Sir
if Seller & 1st buyer in bangalore and 2nd buyer in chennai. whether E 1 form ( Goods in transit) transaction concept will apply for this?
02 August 2015
In the current case, E1 form shall not apply since for a transaction to be called as a sale in transit, the first sale should be an inter state sale.
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