E sugam forms for c and e1 transaction in karnataka

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This query is : Resolved

Arun Raut (Querist)

25 November 2012 Dear Sir,

We need urgent clarification on following issue.

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.

Best Regards

Arun

CA. Hari Kishan

CA. Hari Kishan (Expert)

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

Arun Raut

Arun Raut (Querist)

26 November 2012 Dear Shri Hari Kishanji. Can I discuss with you on phone??