H : Levy of service tax - tolerance of act of cancellation of coal blocks F : Registration of recipient is required , if supply of materials is rece N : Seeks to impose ADD on measuring tapes originating in or exported from N : Corrigendum - Notification No.
Global Supply chains should not only be based only on cost but also on Anyone can participate to share knowledge. Contents we have bought coke fines from rourkella and in transit sold to mspl in orissa. H : Levy of GST - reimbursement of expenses such as salaries, rent, traini H : Requirement for registration - inter-state sales or not - Section 20 o H : Levy of service tax - reverse charge mechanism - The impugned order do H : Levy of service tax - tolerance of act of cancellation of coal blocks F : Registration of recipient is required , if supply of materials is rece N : Seeks to impose ADD on measuring tapes originating in or exported from N : Corrigendum - Notification No.
Global Supply chains should not only be based only on cost but also on Anyone can participate to share knowledge. Contents I am purchasing material from a manufacturer in Maharashtra and selling it to a customer in Gujarat, how do I use E1 transaction? Ajay Part-1 Between you and your manufacturer 1. After endorsement send the LR to your end customer. Certificates required: Dealer selling the goods has to issue a certificate in prescribed form to the purchasing dealer Prescribed forms are E1 form if its first sale and E2 form if subsequent sales.
Subsequent purchaser has to issue certificate in prescribed form This is C form to his seller. Such certificates are to be produced before assessing authorities within prescribed time. The certificates in C, E1 and E2 forms are to be issued on quarterly basis.
The requirements for issuing the above forms i. Suppose W in Punjab sends goods in Delhi and raises invoice on X in Bihar, during the movement of goods X sells goods by endorsing documents of title to goods in favour of Y who is a dealer in U.
P and Y sells ultimately goods to Z who is a dealer in Delhi by further endorsing the documents of title while the goods are still in transit. Z finally takes delivery of goods in Delhi and the movement of goods comes to an end. For example one declaration for one quarter, indemnity bond if form is lost, issue of duplicate form, sales tax concession is not available if the forms are not submitted.
This has been done to remove the cascading effect. The observation of the Supreme court in the said case is provided as below. A subsequent sale falling under sub-section 2 , which satisfies the conditions mentioned in the proviso thereto, is exempt from tax as the first sale has been subjected to tax under sub-section 1 of Section 6 of the CST ACT Thus, in order to attract Section 6 2 , it is essential that the concerned sale must be a subsequent inter-State sale effected by transfer of documents of title to the goods during the movement of the goods from one State to another and it must be preceded by a prior inter-State sale.
It is only then that Section 6 2 may be attracted in order to make such subsequent sale exempt from levy of sales tax.
However, the proviso to sub-section 2 of Section 6 prescribes further conditions and it is only on fulfillment of those conditions that the subsequent sale stands exempted. If those conditions are not satisfied then, notwithstanding the fact that the sale is a subsequent sale, the exemption would not be admissible to such subsequent sales. In a recent case namely Mitsubishi Corp.
The Delhi High Court in this regard observed as under:. However, the Supreme Court decision cannot be understood to mean that where the first sale is exempted, the second sale must be taxed even though the conditions under Section 6 2 for exemption stand satisfied.
But better sense have seemed to be prevailed as the West Bengal Govt has issued an explanatory circular regarding to set out the position in this regard. The fact cannot be denied that in the commercial world, substantial number of transactions of subsequent sales takes place particularly for specially made goods where a dealer first collects order from his outside state customer and thereafter places his corresponding purchase order either to inside state supplier or to outside state supplier.
Emphasizing on the part underlined above i. Circumstances being as such, we may have a re-look on the position of law. From the definition prescribed under the Act, we see that section 3 a requires that not the contract of sale but the sale itself would occasion the movement of goods from one state to another.
Section 3 b requires that sale is to be effected i. They are mutually exclusive. P Ltd. Under instruction from the dealer, the goods were delivered directly to a party in Kerala. All concerned are, therefore, requested to follow the clarifications given above. I want to make it clear that this circular is clarificatory in nature and not at all an interpretation of law. Although the above circular is issued by West Bengal Govt. Sir, I have question and seek your help in this to resolve the issue.
Please let me know solution. In absence of C form how much tax u paid? Can you advice Do we need to issue any E1 Form when supply material in Customer state only. Is it Ok please suggest. Dear Sir, I have a doubt on waybills issue. A Haryana sells goods to B Delhi against form E B makes a sales in transit and endorses the LR to C of Delhi i. So in this case, 1. Please note that the subsequent sale is in same state Delhi.
Further, will the sale from B to C be considered as Inter-state sale or intra-state sale? Please help. How sale is to made for benefit Movement is thru Courier only. Quires: 1 What is the procedure to follow to ensure that contract is not breached with respect to the contractual terms cited above. A, orissa, sale goods to B, Chatisgarh, and delivered to C, uttarakhand , on buyer consignee basis. Kindly clarify whether we can apply E1 form from the department.
Sir, we are an m. Its a case of form e1 e2. And the party in mumbai has received c form from the second party based in m. Now my question is… Is our company liable to the second party from whom we have got bills to provide c form, as we both are registered in same state so is it possible for us to give c form to them?
Thank you. I am in siliguri and PO to giving to kolkata register dealer W. Payment through kolkata dealer. Goods deleaver recipt directly siliguri from alwar rajasthan Please clear the E1 sale. If it is E1 sale please clear the matter. Company A signed contract with company B for supply of Material. Company B is not manufacturing that product they have to buy from other suppliers. Company B has a subsidiary firm company C manage all supporting part for company B.
Now my Question is that. Is this transaction is possible to do. The Chittoor party raised bill to us in Bangalore company name. We raise seperate bill of same qty. Is our transaction is proper is it necessary to bring the goods to Bangalore and book through seperate transport for claiming E-1 Transaction.
As one of our auditor is telling that for such transactions the vehicle should pass through the same state from where the billing is done. I am planning to make it as E1 Sale Sale in transit process since I am not taking delivery of the goods. In this case What are all the taxes will be charged me by my supplier when I am purchasing? How I can add my profit? How can I bill it to my buyer?
Should I add any tax in addition to my profit? Should I mark my invoice as E1 Sale? Buyer has been claiming ED exemptions for other kind of machinery purchase. My supplier and buyer are registered with Excise.
But I am not a registered one. I want to know that from which state we purchased goods can we sold the same in same state by transferring the documents. Also I want to know that can my supplier make the invoice as sold to us and consignee is our dealer in E-1 sales.
0コメント