A of Gujarat sends goods on consignment to B of Uttar Pradesh. Now B sells those goods to C of Uttar Pradesh on behalf of A and charges VAT on the same as per rates applicable. Now what will be the tax treatment in hands of A and B? Also who will be entitled to claim the credit of Input Tax?
Vat/cst in case of goods sold through consignment
Ayushi Agarwal (Article) (161 Points)
12 March 2013
CAclubindia
