F Form
Arvindmjain (CA Practice ) (45 Points)
10 May 2007Our is a manufacturing concern in Maharashtra. Can we send goods to Salem to our consignment agent against form F. Also tell me the procedure for the same.
Arvindmjain (CA Practice ) (45 Points)
10 May 2007
Akhil
(169 Points)
Replied 10 May 2007
Aditya M
(Student)
(166 Points)
Replied 12 February 2008
Vijay K. Agrawal
(Service)
(608 Points)
Replied 13 February 2008
K Sreeharsha
(CA Final)
(54 Points)
Replied 30 April 2009
Hi I have a Query where One of the Motor Vehicle Company situated in one state has transferred heavy reconstruction machines to its Authorised Dealer in the other state where the goods transferred as a stock transfer to agent and the Authorised dealer has sold the goods by raising invoice in its own name accruing the local tax where the customer was not known to the Principal. And the Motor Vehicle Company(Principal) is demanding the Authorised Dealer for F Form.
Will it constitute an F form sales.
Raman
(Artilcle Assistant )
(57 Points)
Replied 30 April 2009
Hello Mr Sreeharsha,
This is not an F form sales as u can do so only by transfering ur goods to ur sales dippoo in the other state , or to ur branch in other state,
so as far as ur query is concerend this transfer will constitute as inter satate sales ,
or for avoiding huge tax liability if ur Authorised dealer is a registered dealer under CST act
then u can sale such goods on C form.
Thanks & Regards
Raman Gora
K Sreeharsha
(CA Final)
(54 Points)
Replied 30 April 2009
Thanks Raman but this Authorised Dealer is acting as an agent and has an agreement with the principal for such a stock transfer and also section 6A of CST states this as an F Form Sales since he is an agent.
Correct me if I am wrong.
kallesh
(Jr.Accounts Manager)
(39 Points)
Replied 27 June 2009
If Stock return is there, how can we adjust that...