what is E-1 sale ?

1 ⤊

2006-07-20 02:02:27 · 2 answers · asked by harishc_8 1 in Local Businesses ➔ India ➔ Delhi or NCR

2 answers

You should have mentioned in what context you are asking this question.

Are you referring to sales related to Exports?

2006-07-20 04:51:00 · answer #1 · answered by helpaneed 7 · 1⤊ 2⤋

a sale which one passed to other state of same quantiy can be treated as E-1 Sale. In this type of sale you can get refund of cetral sales tax equilant to CST which u have already paid to ur seller but u have to submitt a E-1 form to your sales tax authority and u have to pay the difference amount of CST between your bill and ur purchase bil of the same item and same quantity. Your seller will provide you E-1 Form against your "C" form.

is this enough explanation?

2006-07-20 23:50:22 · answer #2 · answered by sandeep 1 · 0⤊ 0⤋