Amount for C form

[Kuldeep Nain]

Dear sir/madam

I want to know the amount taken for issuing C Form in case of E-1 Purchase.

1. The amount mentioned on invoice issued by Manufacturer including Excise and CST.

2. Amount mentioned on invoice issued by Dealer Including his profit.

AI Summary

Clarifying E-1 Purchase Transactions: C Form Should Reflect Manufacturer's Invoice Amount, Not Dealer's Profit Margin. A discussion on a forum addresses the correct amount for issuing a C Form in E-1 purchase transactions. The initial query asks whether the C Form should be issued based on the manufacturer's invoice amount, including excise and CST, or the dealer's invoice amount, including profit. Responses clarify that the C Form should be issued for the manufacturer's invoice amount. A detailed explanation describes the 'sale in transit' process, where the first buyer issues a C Form to the seller, and the ultimate buyer issues a C Form to the first buyer. Despite this, a participant notes that the department accepts the manufacturer's invoice value for issuing the C Form.