Concept of C+ E1 and E2 form

E1 Form
•In case, we purchase goods interstate and then again sell interstate,repay CST twice. Hence goods become expensive.

•So in this case,ifE1 form is given,CST Charged only once and not twice

•This form is given by First Seller to first buyer which enables him to exempt future CST

•Hence E1 is a form applicable in case of Sale In Transit i.e. Subsequent CST Sales

Q4  Suppose in the above chart, X Ltd sells goods of 100000 to Y ltd against C + E1 form who sells it to A ltd for 120000

Pass Entries for purchase and sales in books of Y ltd

What is C+E2 FORM