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e1 transation

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2010 Sir,

what is the meaning of E1 transation pls advice


rajesh
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Querist : Anonymous

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Querist : Anonymous (Querist)
13 May 2010 pls do the needful
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Sanjeev Kumar

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Sanjeev Kumar (Expert)
13 May 2010 if a dealer made an Inter State purchase against form "C" and before taking delivery i.e. during goods in transit, sold the same goods to other dealer then the second transaction would be covered against form C+EI and exempt from tax.
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