Rajeev Kumar K P
(Querist) 12 December 2013
This query is : Resolved
Dear Sirs
X is the Material Supplier in Pune (Maharastra)
Y is the Buyer / Dealer in Kerala Z is Customer / Dealer in Kerala My Question is: Is the below transaction "Sale In Transit / E1 Transaction" or not ?.
Y purchases the Goods from X under CST billing and Y prepare an E1 Invoice without adding any tax amount to Z. X Delivers in the name of Y. Without taking delivery of Goods, Y Endorse the L.R.in the name of Z. At last Goods taken delivery by Z from transporter & use the goods for their own purpose.As Z is the end user,this transaction completes here.
Pls advise which statutory forms to be issued by X,Y & Z to each other.
Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup