About e-1 and e-2 form

362 views 2 replies

Sanky

marketing manager

25 Points Joined February 2013

Dear Sir,

There is a business transaction of 4 parties (Party-A, Party-B, Party-C and Party-D)
Party A,B and C belongs to same State (Gujarat) and Party -D is from Tamil Nadu.

Party C purchase good from Party B at CST 2% Billing and doing R.R. Sales to Party D.
Party B purchase that goods from Party A at 5 % vat. So Party B Purchased the goods at 5% and sold at 2% cst to party C.
Party B will get 3% refund from sales tax after submitting C forms.

Is there any way that Party B can purchase goods at 2% from party A and gives tax paid invoice to party C to stop blocking money in refund?

Thank you in advance.

Replies (2)

Lovekush Parihar

Article Assistance

59 Points Joined February 2013

there is no e 1sale between dealer A & B at that time of sale so state rate apply for undecleard goods i.e. Normal rates

Sanky

marketing manager

25 Points Joined February 2013

Thank you sir for your reply.

But sir Party B can issue bill at 2% whether its also not interstate sale and getting "c" form from Party C.They are from same state.

Is there any other way for Party B to stop blocking money in refund. Party B only get refund after submitting all "C" forms. It's takes more than six months.

In this case party D issue "C" form to Party C, than Party C issue "C" form to Party B and gets E-1 form from party B.

Any help will be appreciated..