PLS TELL WHETHER E SALE CAN BE DONE ....FIRST SELLER IS OF DELHI ,UTLIMATE BUYER OF HARYANA , AND SALE IS DONE THROUGH PUNJAB (BUYER)
AND WHAT ABOUT WHEN SELLER IS OF DELHI AND BOTH THE BUYERS ARE OF SAME STATE MEANS HARYANA
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E form transaction
Replies (1)
Gist of E1 Sales :
- Trader(A) (Supplier) should receive a Purchase Order from Buyer (C) (Consignee)
- Mfr.(B) will issue Form-E1 to Trader(A) and collect the Form-C from him
- Mfr.(B) will raise Invoice on Trader(A) and mention the Consignee as Buyer (C) as Dispatch Place(he must be interstate) ie. Goods movement must be interstate.
- Trader(A) should endorse the LR/way bill in the name of his Buyer (C) Consignee or Goods once received by Consignee from the transporter is also proof to qualify for E1 Sale.
- Trader(A) must receive the Form-C & Payment from Buyer (C) Consignee
- Trader (Supplier) and Consignee as Buyer (C) can be in same State but all the 3 parties involved must be registered in their respective State.
- The sale should be of goods which are specified in the certificate of registration of purchasing dealer
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