Bookmarks   Feedback   Annual Subscription   New User   Login  
Tax Management India .com   
   TMI - Tax Management India. Com   
AO cannot re-open assessment merely for non filing of ITR unless the total income is exceeding maximum amount which is not chargeable to tax    *    Companies Act, 2013-25 Key Highlights    *    status foodgrain pulses and oilseed    *    Service tax exemption for transportation of life saving medicines    *    Applicability Of Service tax on Liquidated Damages    *    Goods and GST Bill passed    *    WITH GST CONSTITUTIONAL AMENDMENTS, WHAT NEXT ?    *    determination of assessable value for job work transaction    *    CENVAT CREDIT    *    Excise Cenvat credit on Electricity Power bill    *    Employees sent on deputation to subsidiary/ associate companies (Service Tax)    *    GLOW SIGN AND HOARDING    *    Regarding cenvat credit on service tax on rent a cab    *    Potato Chips as Namkeen    *    Central Excise Exemption of ₹ 150 Lakhs    *    Cenvat credit on water treatment plant    *    Cenvat Credit - refund - export of services - The registration is not the sole criteria for granting refund, so long the other conditions are satisfied, refund shall be granted - Tri    *    CENVAT credit demo cars capital goods input nothing is demonstrated today that a demo car falls in any of the Chapters dealing with capital goods - credit cannot be allowed - Tri    *    Period of limitation - in case duty was required to be paid on the strips, the appellant was entitled to avail credit of duty paid on the granules, which would have neutralized the entire demand on the strips - in this Revenue neutrally background, there could be no malafide on the part of the appellant to evade duty - Tri    *    Validity of statutory provisions - Imposition of penalty on company and directors - he legislature while in view of such situation has granted discretion to the executive, at the same time, provided for sufficient guidelines and safeguards so that such discretion does not convert into arbitrary or discretionary exercise of powers - HC    *    Strengthening Our Debt Markets (Dr. Raghuram G. Rajan, Governor - August 26, 2016 - at Annual Day Address to Foreign Exchange Dealers Association of India, Mumbai)
 
Discussions Forum
Home Forum Value Added Tax - VAT-CST
← Previous Next →

E1 AND E2 FORMS - Value Added Tax - VAT-CST

#1 Issue Id: - 3534
Dated: 5-11-2011
By:- krishan sharma
E1 AND E2 FORMS

  • Forum

 DEAR SIR

 WHAT IS THE ROLE OF E1 AND E2 FORM IN THE CENTRAL SALE TRANSACTION

PLEASE EXPLAIN WITH GIVEN EXAMPLE

IF A DELHI TRADER  SALE TO MUMBAI  TRADER  AND MUMBAI TRADER SALER  SALE AGAIN SUCH GOODS TO UP TRADER

 SALE BY DELHI TRADER  RS             GOODS VALUE  RS 100000                  CST               2000

 SALE BY MUMBAI TRADER  RS             ADDING HIS PROFIT  RS 10000

 Q   1  MUMBAI TRADER ELIGIBLE FOR  AVAILING INPUT OF CST  ( IF NOT  THEN WHAT DO)

 Q 2  AMOUNT OF CST CHARGED BY MUMBAI TRADER  FROM  UP TRADER

Q 3   IF UP TRADER SALE THE SUCH GOODS TO HARYANA  TRADER  WHEN USE THE SAME PROCESSIOR ? YES OR NO

Post Reply

Posts / Replies

 

#2 Dated: 7-11-2011
By:- r.rajkumar kumar

FOR E1 AND E2 SUPPOSE YR IN TAMIL NADU TRADER Y GOT ORDER FROM MUMBAI AND YOU HAVE TO PURCHAE GOODS FROM DELHI, FROM TAMIL NADU Y HAVE TO PLANCE ORDER SELLER AT DEHI ON EN TRANSATION BASIS. WITH ALL BELOW CONDITIONS

1. ALL THREE INVOLVE IN THE TANSACTION MUST BE REGISTERED DELARES.

2.DELEAR FROM TN HAS TO GIVE P.O. TO DELHI TO SUPPLY GOODS ON E1 BASIS

3. GOODS WILL MOVE FROM DELHI TO TN ON THE WAY TN DELAR MUST ENDORSE THE GOOS

    TO MUMBAI WITH 0UT TAKING DELIVERY.

4..TN CAN RAISE BILL TO MUMBAI WITH OUT CST ON E1 BASIS .

5.TN MUST GIVE C  FORM TO DELHI AND MUMBAI HAS TO GIVE  E1  AND C FORM TO TN THE ORGINAL BUYER. .

THERE WILL BE ON CST AGAINST C FORM CHARGED BY DELHI THE ORGINAL SELLER.  

 


Post Reply



 

← Previous Next →
what is new what is new

Advanced Search

Latest Updates

Forum

Featured

Experts

More Options

Communication




|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map || ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version