Interested to Buy Any Domain ? << Click Here >> for more details...
what is E1 FORM
- 2 Answers
- 6537 Views
- GMC, UAS Pharmaceuticals, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / 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 |
What is the due date for payment of service tax?
What is the difference between Advance Tax and TDS?
WHAT IS THE LIMIT ABOVE WHICH WE CAN DEDUCT THE TDS ON VARIOUS CATEGORY LIKE PRIFESSION, CONTRACTOR, INTEREST, RENT, SALARY ETC.
I want to know whether entry tax is applicable for capital goods imported ? and is it applicable if imported capital goods purchased from dealer?
1. we pay rent of Rs:62500/= for that we deduct tds =6250.00 and the landlord claim service tax 6437.10(62500*10.3/100), we normaly paid on 05th of next month. My Question is 1. What is the Journal Enrty for this 2. Journal Entry when at Payment of TDS Please help me Regards sakthi
can i take input tax credit on inter state purchase? reply breifly.
how many percentage tds we have to deduct at a bill with heading "being our professional charges towards supervision of local sampling and analysis of rapseed meal
CST 2% against C form,Cst 12.5 % without c form, why government is in loss with C form?
12 Answers Erico Labs, Hero MotoCorp,
How Many Category of VAT in West Bengal
0 Answers Jyotsna Enterprises,
what is the need of information to the high level managment and what is the need of information to middle level managment
what is er1
last financial year'2007-08 i have not deposit TDS amount till today. can i deposit TDS amount now with interest. please advise me.
Audit 
