sales tax on goods sold on consignment

This query is : Resolved

Amit (Querist)
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25 December 2010 is a consignee who purchase goods on f form sold goods on consignment take receive sales tax from customer when he sold goods on consignment

CA Manish Agrawal

CA Manish Agrawal (Expert)
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17 April 2011 Your Query is First of All very Old , Moreover, Not Clear!! Whether You are Selling Goods to End User or another Consignment Agent this is the Ambiguity First Clear the Matter. Then Only I Could Answer..
You can not Further Transfer The Material to Another C&F Agent. You can Always sell it to User.Prepare Consignment A/c (Sale-Patti) as a Pakka-Arhatiya and Send to Employer on Monthly Interval(Generally).
Collect the VAT/Local Sales Tax Charged to Customers on your Bills and Pay it to Your Territory's Treasury as Commercial Tax of C&F Agent's State(Not The Employer's State)

-- CA Manish J Agrawal. 09425251861