Validity of Sale, Other Topics

[RAJESH MISHRA]

Dear Sirs, Can we make transaction as per the below query? If yes, kindly specify validity & nature of sale (Central / Local) with notification / rule with section. Query 1: In a transaction there are involve three dealers namely A of Mumbai, B of Delhi & C of Mumbai. Dealer B of Delhi wants to deliver / sale (sale in transit), Dealer C of Mumbai after purchasing goods from A of Mumbai. All three are registered dealer and having local & central registration certificate from their respective state. Is this sale is a valid sale or not? If it is valid sale kindly specify validity & nature of sale (Central / Local) with notification / rule & section.

Posts / Replies

[Mukesh Kumar]

No doubt it is genuine transaction and allowable. But, the care is required to comply with the formalities i.e would it be constituted as Central sale or not? whether buyer is predetermined or not?