Regarding e-1 form in cst
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2011
As its mentioned in Rule 7 cst E-1 form is to be issued by First seller to purchaser in course of inter state trade..
1) What is benifit to orignal purcahser by receiving an E-1 form ?
2) Can it be construed (as its a first sale) issuer of E1 form would always be a manufacturer?
1) What is benifit to orignal purcahser by receiving an E-1 form ?
2) Can it be construed (as its a first sale) issuer of E1 form would always be a manufacturer?
01 January 2012
Mr Author,
The benifit the original purchaser gets is sale without CST or local tax on his sale.
The issuer of E1 form need not be a manufacturer only. E1 transactions take place often between traders also....MJK
The benifit the original purchaser gets is sale without CST or local tax on his sale.
The issuer of E1 form need not be a manufacturer only. E1 transactions take place often between traders also....MJK
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