Vat query- urgent!!!!!

679 views 3 replies

Mr.A is a Seller in Andhra Pradesh, who is entered into agreement for selling of Goods to Mr.B in Pune(Maharastra).

On 01.05.2012 goods of worth Rs.35,000...

 

Mr.B requested him to  send goods directly to Mr.C who is in andhra pradesh (Mr.C is a purchser to Mr.B). Beacause Mr.B  

get an order from Mr.C to sell goods..so by this reason Mr.B requested Mr.A to send goods direcly to Mr.C.

 

Here goods are in transit (Within AP) .

My queries are

1. Mr.A Can issue Form E-1 to Mr.B and Mr.B can issue C-Form to Mr.A ???

  

 

 

 

Replies (3)
 



 If the Bill is raised by Mr. B to Mr. C, then Mr. A can issue Form-E-1 to Mr. B and Mr. B can issue C-form to Mr. A.but if Bill is raised by Mr. A 

to Mr. C then no such requirement.

 


C Form is a Form issued by the sales tax department to the registered sales tax payer. If he buys any good from another registered sales tax payer and issues a c form to him. Than that other sales tax payer will not charge sales tax from him and sales tax will be collected and deposited by the c form issuer and deposited in the treasury of the govt. The other sales payer will deposit the c form to the govt. treasury. It means the issuer of the c form undertakes to pay the sales tax. E-1 is used when the supply is made for third party & rather taking the delivery by buyer & then sending to third party (actual user) is in between transferred to the third party by way of endorsement. So,as per above provision if the Bill is raised by Mr. B to Mr. C, then Mr. A can issue Form-E-1 to Mr. B and Mr. B can issue C-form to Mr. A.but if Bill is raised by Mr. A to Mr. C then no such requirement.
C Form is a Form issued by the sales tax department to the registered sales tax payer. If he buys any good from another registered sales tax payer and issues a c form to him. Than that other sales tax payer will not charge sales tax from him and sales tax will be collected and deposited by the c form issuer and deposited in the treasury of the govt. The other sales payer will deposit the c form to the govt. treasury. It means the issuer of the c form undertakes to pay the sales tax. E-1 is used when the supply is made for third party & rather taking the delivery by buyer & then sending to third party (actual user) is in between transferred to the third party by way of endorsement. So,as per above provision if the Bill is raised by Mr. B to Mr. C, then Mr. A can issue Form-E-1 to Mr. B and Mr. B can issue C-form to Mr. A.but if Bill is raised by Mr. A to Mr. C then no such requirement.

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