E1 sale

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

05 April 2013 Hi
my query is:
a dealer Q from haryana want to purchase 200 tonnes of tea from a seller ,say P, in assam. goods will be delivered by 10 to 12 trucks each billed on different dates (means delivery would be in parts). P will raise a bill (for each truck) as Q as consignee. transport will make delivery challan/bilty in which Q will be consignee. After receiving a truck Q will sale the truck to another consumer/dealer in haryna say R,S,T.
P will charge 5%CST on Q.
1:) will further sale by Q will be exempted from tax?
2:) P will issue E1 for every truck?
3:) Q will issue E2 fro every truck?
4:) P will issue E1 after or bbefore receiving form 'C' from Q?

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
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06 April 2013 Mr Author,
P should charge only 2% CST on Q as the latter is issuing a 'C' form.Q can sell a truck load full to R as E1 sale.On this sale P has to issue E1 to Q and R has to issue 'C' form to Q and Q do the same to P.If R is selling again to 'S',continuing the transit sale, then Q has to issue E2 to R and 'S' has to issue 'C' form to R.P can issue E1 any time either before or later to receiving 'C' form......mjk

Querist : Anonymous

Querist : Anonymous (Querist)

11 April 2013 thank you sir