Subsequent sales
This query is : Resolved
Anirban Mitra
(Querist)
09 June 2010
In case of any subsequent sale (under E-I, E-II), where shuld the first sale be made, within the state or interstate or both?
Shyam Lal Naik
(Expert)
09 June 2010
Sale effected by a transfer of documents of title to the goods during their movement from one State to another is known as E-1 sale/subsequent sale.
It is clear that the 1st sale should occasion the movement from one state to another.
It is clear that the 1st sale should occasion the movement from one state to another.
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