Save Rs 499 on a 2-Year Ad-Free CAclubindia Pro Membership. Subscribe Now!

Inter state sale thru c form and e 1

1450 views 1 replies

Brajesh gautam

student

232 Points Posted on 23 October 2011

can anybody help that

if A sells the goods to B( who in bombay), from Delhi and booked the material directly to gujarat ( another firm of B) now I want to know that is this trasaction evoke the E1 sale ,

( As per my knowledge if B transfer the goods to another dealer then E1 is required ) ,

what do you say. Pl comments

Replies (1)

Harshal Fifadra

Chartered Accountant

1489 Points Posted on 23 October 2011

FORM E1 is required in case of sales covered u/s 6(2) of the VAT ACT of the respective state . E1 form is issued by the seller after recieving the C FORM from the buyer . In the present case the material has been booked in the another firm of B , that means the material is being purchased by FIRM B of mumbai but since the goods have been booked in GUJARAT it is BRANCH TRANSFER by B of mumbai to B of GUJARAT . Hence FORM F would be required to be issued by the B of gujarat to B of mumbai .