banner_ad

E-1 transaction and tax implications - urgent!!!!!

438 views 1 replies

Hi,

Please advice me what is E-1 Transactions and what are its tax implications and how to create its invoice.

Kindly also advice how supplier in benefited from it.

Regards

Shilpa Nair

Replies (1)
Originally posted by : shilpa nair

Hi,

Please advice me what is E-1 Transactions and what are its tax implications and how to create its invoice.

Kindly also advice how supplier in benefited from it.

Regards

Shilpa Nair

Hi

This form is to be issued by the selling dealer who makes the first inter-State sale during movement of goods from one state to another to enable his purchaser to claim the benefit of exemption from C.S.T. on the second inter-State sale effected by him during the movement of goods. This form is required to be obtained from the Sales Tax Officer.

* Form E1 or E2 is to be obtained by the buyer from the seller (dealer). Form E1 is to be issued by the first seller to his immediate buyer and Form E2 is to be issued by the subsequent seller to the immediate buyer.

* Form C is to be issued by the purchasing dealer to his immediate seller

Form E1/E2 is mandatory and shows that tax has already been levied at the time of first interstate sale of the goods.

E1/E2 forms are to be issued which are obtained from the state from where the sale is effected.

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 15 May 2026
ARTICLE ASSISTANT, TRAINEE AND PAID ASSISTANT

YOGESH KAPOOR AND ASSOCIATES

New Delhi

B.Com

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
29 May 2026
Company Secretary - Part time

Shaswat initial support private limited

Ahmedabad

CS

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details