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?

MJ Krishnamurthy

MJ Krishnamurthy (Expert)
Follow

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

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Ashok Atluri

T.N.Reddy

Jagadeesh GR

Arvind Sharma

Taxlet

Subscribe Now

Regarding e-1 form in cst

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

GST CONSULTANCY

Article Assistant

CA Final

Accountant

Manager- Finance and Compliance