Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / manish.panchal
It is a Form Issued by a 1st Consignee to Seller.
Transaction works in Following manner.
A - Seller in RAJASTHAN.
B - Consignee in GUJRAT.
C - Final Cosumer in MAHARASHTRA.
"c" Wants material which is only manufactured by "A".But
directly will not sell good to "C"."C" will approach to "B"
as he knows "A".
Now, "A" will bill to "B"in Gujrat stating that Good wlll be
delivered to different Consignee ie "C" in Maharashtra. and
Even LR ( Lorry Receipt ) will be prepared in name of "C".
After all this. "C" will issue a Form C to "B". Since "B"
have not consumed or traded goods locally and his name in
involved in this transaction and specifically sold to "C"
through him, he will issue a E1 form to "A". As "A" have not
sold goods directly to "C".
Hope this makes you clear.
E1 form will not be issued if A & B were in same state.
There has to be a three different state for such
Transactions.
| Is This Answer Correct ? | 11 Yes | 0 No |
Post New Answer View All Answers
interest paid to bank rs. 15000 in connection with overdraft obtained for paying dividend.
1· What is a bad credit score? 2· What does my credit score mean? 3· Can I check my Vantage credit score range online? 4· Should I have perfect credit score, that is, above 800 credit score? 5· With a 600 credit score, how to improve my credit rating score? 6· How to raise my credit score if I have 500 credit score? 7· How to increase your credit rating score quickly? 8· How can I find out my credit rating score for free? 9· Home Equity Loans ????????· 10. Calculate Mortgage 11· Mortgage Payment 12· Mortgage Payment Problems
over all details about tax what is mean by headge fund and detail explanation?
How will you calculate house rent allowance (hra)?
The company has to pay transportation charges for transporting its materials. The company has not remitted the TDS on the same within due date. Is this expenses to be disallowed in STI. This expenses is directly considered on valuation of closing stock.
How to make a bill of software sale with service tax?
what is fillup form when company issue c form
what is the rule of TDS Deduction for Pvt Ltd Company ??? And What rule of not TDS Deduct for PVT LTD company ???
i paid tds through my bank account but i entered the assessment year as 2010-11(the current year) instead of 2011-12(actual assessment year). what is the remedy for this. how do i get refund for the wrongly paid sum. or is there any way to currect the assessment year?
Can we take rebate on Exports done before 6 years ? If no, why ? What can be done ?
Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax
I want to know the TDS ammount which deducted by company.
how we can access the Tax Deduction through PAN ?.
Should WCT deduct on Invoice where VAT charged but service tax not charged as service tax is not applicable to concern vendor (vendor gross income under 10Lacs)?
if i have a educational loan on my name, can i show for tax exemption on current year income tax? Is it applicable for tax exemption (educational loan)
