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Meaning of goods in transit

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(Querist)
02 January 2012 What is meaning of Goods in transit if it is a case of Import Purchase
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CA Siddhartha Bhardwaj

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CA Siddhartha Bhardwaj (Expert)
12 May 2012 Goods in transit means goods which have been dispatched by the seller but have not been received by the buyer.
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Arpit Shah

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Arpit Shah (Expert)
04 January 2016 http://taxguru.in/goods-and-service-tax/sales-in-transit-meaning-procedure-case-laws-and-legal-provisions.html
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