https://www.taxtmi.com/forum/issue?id=3858 Sale in transit occurs where a manufacturer invoices a dealer as buyer while consigning goods directly to a consignee in another State; such inter state movement is covered by the CST Act provision for subsequent sales and requires transit documentation (E1/E2) with the seller naming buyer and consignee on invoice. If destination ends at the consignee's State no downstream form is needed; otherwise the intermediary must issue the downstream form. The intermediary should invoice the consignee for manufacturer value plus margin, showing the manufacturer's inter state tax, while practical questions remain about Form C computation and tax treatment of the dealer's margin when dealer and consignee are in the same State. en-us Sun, 26 Feb 2012 13:13:42 +0530 Thu, 23 Jan 2025 15:58:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=3858 Sale in transit occurs where a manufacturer invoices a dealer as buyer while consigning goods directly to a consignee in another State; such inter state movement is covered by the CST Act provision for subsequent sales and requires transit documentation (E1/E2) with the seller naming buyer and consignee on invoice. If destination ends at the consignee's State no downstream form is needed; otherwise the intermediary must issue the downstream form. The intermediary should invoice the consignee for manufacturer value plus margin, showing the manufacturer's inter state tax, while practical questions remain about Form C computation and tax treatment of the dealer's margin when dealer and consignee are in the same State. Discussion-Forum VAT / Sales Tax Sun, 26 Feb 2012 13:13:42 +0530 https://www.taxtmi.com/forum/issue?id=3858