E-1 sale, sale in transit - without c-form, VAT + CST

[vikas]

can we make the E-1 sale (sale in transit) by charging full tax (Witout c-form)?? for example: we purchase goods on full tax & sell it on full tax under E-1 sale. is it ok with CST rules??

Posts / Replies

[V Ramanujam]

The effect of E1 sale as per Sec.6(2)(b)of CST Sale is to exempt the second/subsequent CST Sale in the cousre of movement as exempt under the CST Act on the basis of E1 form from dealer and C form from the buyer. If there is no 'C' form from the buyer and you are also charging full tax from the buyer, it is not the E-1 sale. It is only the other liable CST sale covered under the provisions of CST Act.

[binod pandey]

define pleaselatest supreme court decision for procedure of sale in transit under cst act 1956.