E1 form amount

[Guest]

A - me B - buyer C - consignee

cost - 10 rs

tax - 2%

my question is what value of e1 form will be issued by me?

with cst or without cst as per sales tax act?

(10 or 10+2%)?

[YAGAY andSUN]

Dear Rishi,

It is settled legal position that statutory forms are issued without inclusion of tax amount.

Regards

TeamYAGAY and SUN

(Management and Indirect Tax Consultants)

[Guest]

dear sir,

thank you for prompt response.

can you please suggest any legal document where this is mentioned, just to be sure for the taxation purposes.

[YAGAY andSUN]

Dear Rishi,

Please check definition of sale price as mentioned under Section 2 (h) of the CST Act, 1956 in this regard.

Regards

Team YAGAY and SUN

(Management and Indirect Tax Consultants)

AI Summary

E1 Form Issuance: Statutory Forms Exclude Tax Amount, Refer to Sale Price Definition in Section 2(h) of CST Act 1956. A user inquired about the value of the E1 form to be issued, questioning whether it should include CST as per the Sales Tax Act. The response clarified that statutory forms are issued without including the tax amount. The user requested a legal reference for confirmation, and the respondent suggested reviewing the definition of sale price under Section 2(h) of the CST Act, 1956.