Please confirm the position of Billing and Form requirement in the following transaction and also inform what all cae is to be taken:
First Party : Manufacturer under Excise (M)
Second Party : Dealer of the manufacturer (D)
Third Party : Consignee under Excise (C)
Fourth Party : Trader who has taken order from Consignee. (T)
The situation is like this :
In the bill of M it will make consignee as C and Dealer/Purchaser as D only,
the excise deials of C willl be mentioned in the bill issued by M and
that the road permit will also be filled by M.
The referenece of T cannot be mentioned in the bill issued by M.
What we wish to do is:
D will make a sale in transit bill to T and that T will make sale in transit bill to M.
M will get 'Form-C' from D, D will get 'Form-C' from T, T will get 'Form-C' from C.
M will give E-1 form to D D will give E-1 form to T
Please advise what corrective actions are needed to complete this billing.
Thanks
