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Vat on consignment sales

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Querist : Anonymous

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Querist : Anonymous (Querist)
05 August 2014 Dealer A is in UP and Agent B is in Maharashtra.

A transfer the goods to B vide stock transfer without any VAT/CST. B issues form F to A.

Now, B sales the goods in Maharashtra & collects the VAT. Balance remitted to A.

My question is ;
1. Will any input credit available to B ?
2. How will this be computed ?
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
05 August 2014 No input is available to B.
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Querist : Anonymous

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Querist : Anonymous (Querist)
05 August 2014 Thanks.

But then can dealer A claim input credit on goods sold under consignment against the goods sold other than by agent.
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
05 August 2014 it depends on state, some state allow while some state do not

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