E1 & E2 Transaction - Value Added Tax - VAT-CST

[Guest]

Dear Seniors,

A is the Material seller(Dealer) in Gujarat

B is the First Buyer in Gujarat,

C Customor/Consignee other state

My Question is:

Is the below transaction 'Sale In Transit / E1 Transaction' or not ?.

B purchases the material from A under CST biling and B prepare a Invoice without any tax amount to C.

the material A Delivers in the name of B as a buyer & directly send to C and B Endorse the L.R.in the name of C. so, material collects by C

and A issues 'E1' form to B and collects Form'C' from B and B collect Form 'C' from C & issues E2 Form to C

Please guide me.

[Ganeshan Kalyani]

Hope your query is resolved.

AI Summary

Sale in transit classification where intermediary invoices consignee and E1/E2 forms accompany direct delivery to consignee. Query whether a transaction is a sale in transit where A (Gujarat seller) supplies goods to B (Gujarat buyer) under CST billing, A delivers directly to out of state consignee C in the name of B, B endorses the transport receipt to C, and parties exchange E1/E2 forms and Form C between A, B and C.