E1 AND E2 FORMS

[krishan sharma]

 DEAR SIR

 WHAT IS THE ROLE OF E1 AND E2 FORM IN THE CENTRAL SALE TRANSACTION

PLEASE EXPLAIN WITH GIVEN EXAMPLE

IF A DELHI TRADER  SALE TO MUMBAI  TRADER  AND MUMBAI TRADER SALER  SALE AGAIN SUCH GOODS TO UP TRADER

 SALE BY DELHI TRADER  RS             GOODS VALUE  RS 100000                  CST               2000

 SALE BY MUMBAI TRADER  RS             ADDING HIS PROFIT  RS 10000

 Q   1  MUMBAI TRADER ELIGIBLE FOR  AVAILING INPUT OF CST  ( IF NOT  THEN WHAT DO)

 Q 2  AMOUNT OF CST CHARGED BY MUMBAI TRADER  FROM  UP TRADER

Q 3   IF UP TRADER SALE THE SUCH GOODS TO HARYANA  TRADER  WHEN USE THE SAME PROCESSIOR ? YES OR NO

AI Summary

Understanding E1 and E2 Forms in Central Sales: Registration, Eligibility, and CST Charges Explained A user inquired about the role of E1 and E2 forms in central sale transactions, using a scenario involving traders from Delhi, Mumbai, and UP. The questions focused on eligibility for CST input, CST charges, and the applicability of the process for further sales. The response explained that in a transaction involving Tamil Nadu, Mumbai, and Delhi, all parties must be registered dealers. Goods are ordered from Delhi to Tamil Nadu on an E1 basis, then endorsed to Mumbai without taking delivery. Tamil Nadu issues a bill to Mumbai without CST, providing C forms to Delhi and receiving E1 and C forms from Mumbai.