ICICI

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

E-1 sale

Gaurav (Accounts Officer) (28 Points)

02 September 2013  

I am registered dealer under DVAT. I got an order from Kundli Haryana. I placed order of that material to my manufacturer in Gurgaon, Haryana. Now my question is the E-1 sale is possible as per the CST Act or not. If any case laws is available kindly quote the case title or number. Its urgent because my manufacturer refusing to give E-1 Form.

Thanks in advance 


 6 Replies

rakshita (Ca final student) (84 Points)
Replied 02 September 2013

i think its not possible...for an E-1 sale/purchase, the manufacturer and the one placing the order need to be in different states and in the above case, both the manufacturer and the one placing order are in haryana itself..so i think its not possible.

 

Sonu Kumar (Account Manager) (661 Points)
Replied 02 September 2013

It Will Come Under CST Sale, 

MJ Krishnamurthy (ACCT(Retd)) (7197 Points)
Replied 02 September 2013

  It is possible to do E1 sale in this case only when your manufacturer issues an E1 form. Based on the order your customer at Kundli,you place an order to your manufacturer of Gurgaon. Let him dispatch the goods to you through a transporter to whoom you can endorse the LR to be delivered to the Kundli customer,along with your invoice.You should get a 'C' form from Kundli,and issue one to Gurgaon.E1 form must come from them.......mjk

YOGESH RAVAL (DY. MANAGER FINANCE & ACCOUNTS)   (79 Points)
Replied 03 September 2013

As per my opnion

Please refer CST Act, goods not moved from one state to other state so become under dvat act tax payable.

 

YOGESH RAVAL (DY. MANAGER FINANCE & ACCOUNTS)   (79 Points)
Replied 03 September 2013

As per my opnion

Please refer CST Act, goods not moved from one state to other state so become under Haryana VAT act tax payable.

 

RAJ KUMAR BHANDARI (FINANCE) (165 Points)
Replied 03 September 2013

Dear Gaurav,

You want purchase some goods from gurgaon, Haryana and after some jobwork/manufacturing process sold new product to customer at kundli, haryana.

In This case From E-1 is not applicable.(E-1 & E-2 is applicable on goods sold in transit)

You can purchase goods at concessional rate against Form C( @ 2%) and sold your product to your customer again @ 2% (against Form -C).

Thanks & Regards

Raj Kumar Bhnadari


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register  





Subscribe to the latest topics :
Search Forum:

Trending Tags