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?
Menu
Vat/cst in case of goods sold through consignment
Replies (1)
B will issue form F of stock transfer.
C will claim credit.
Recent Topics :
- Extension of Due Date of AY 2026-27
- FAST DS 2026
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
Related Topics :
CAclubindia
