Answer Posted / suvabrata
E1 sale means mediator facliting transacion between the end
customer and actual product manufacturer.
Agency/vendor(Mediator) tooks the order from the customer
to supply the materials from the product manufacturer under
his guidance.
Which means the product manufacturer is not directly
involved with the customer(who actually floated the order).
The product manufacturer supplies the materials to customer
as per the dispatch instuction provided by the Agency/vendor
(Mediator) on his (product manufacturer)document's i.e.Tax
invoice,challan etc.The Product manufacturer will claim his
product value thru" his orinial tax invoice & product
supplied documents from the Mediator agency.This value was
agreed between the product manufacturer & the mediator.
And the Mediator agency claims the product value from the
customer vide his Commercial Invoice in reference to the
documents submitted by the product manufacturer towards
fulfilling the order. This claim value may be more , less
or equal to the product manufacturer.
| Is This Answer Correct ? | 32 Yes | 5 No |
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