IF X is in delhi and sells material to Y in Odisha, and the consignee is Z in Odisha. What is the treatement of Sales tax in books of Y. Also since the way bill has been issued by z, then whom Z issued way bill,the C form will be raised by Z in favour of whom. Pls suggest the appropriate treatement,
Menu
E1 sales
Replies (2)
Mr Abhinash,
Z has to issue a way bill because he receives the goods. X sells to Y on E1 sales basis. X will issue an E1 form to Y. C forms are given by Z to Y and by Y to X.Y will not charge any CST in his invoice.The invoice sent by X is removed and Y 's invoice is inserted in the documents of the vehicle. .......mjk
| Originally posted by : MJ Krishnamurthy | ||
 |
Mr Abhinash, Z has to issue a way bill because he receives the goods. X sells to Y on E1 sales basis. X will issue an E1 form to Y. C forms are given by Z to Y and by Y to X.Y will not charge any CST in his invoice.The invoice sent by X is removed and Y 's invoice is inserted in the documents of the vehicle. .......mjk |
 |
Can C Forms be issued by Z to Y when both Z and Y are in the same State? Here, Z and Y both are in the same state - Orissa. This fact has to be considered while replying.
Recent Threads
- Foreign Dividend earn
- TDS on Salary deducted but not paid by the employe
- GST INVOICE NOT SHOWN IN GSTR 1
- Turnover in AIS summary
- How to treat unutilised capital gain account schem
- What to do / how to handle about Capital receipt s
- How to show SGB interest in iTR
- How to file income tax return of ATM franchisee bu
- ITR Filing in case of deceased person
- Stuck with Schedule FSI in ITR 3
Related Threads
CAclubindia
