E1 sale against form c

Save Share

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2016 Sir

We have a client in UP and supplier is in Bangalore. Client will issue a Form 38 and form C to us.
Can we make this E1 sale if I purchase from bangalore against form C at 2% and use clients road permit. I will raise a invoice from UP to my client (in UP) and ask for a C form and a E1 form from my supplier. So I wont pay ny tax in UP. Is this possible??

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

16 January 2016 Definitely . In E-1 sale you need not charge any Tax , you have to issue C form to Bangalore , Mean while your buyer has to issue C form you. You can ask Bangalore Vendor Directly deliver the goods to Consignee your Client . Subsequently you can raise bill E-1 Sale.

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2016 So it means a sale in same state is done but no VAT/CSt is charged (UP to UP sale)

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

16 January 2016 YES .NO NEED TO CHARGE TAX VAT/ CST.

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2016 In case my client does not issue road permit to me, can i use my road permit for material entry in UP and then do E1 sale??

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

16 January 2016 You can ask Bangalore supplior to add delivery buyer and Consignee than you can give Road permit to supplier to supply to consignee address.

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2016 couldnot understand. Where to add buyer and where consignee?

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)

16 January 2016 Invoice you should have buyer and Consignee details.

Querist : Anonymous

Querist : Anonymous (Querist)

16 January 2016 ok. You mean Billed to me with mu TIN no. and delivery to consignee.
Thank you very much.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now