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Clarification - consignement sale or sale in transit

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..... A has sales office in Karnataka and also in Tamilnadu. Registered to VAT in both states seperately. Tamilnadu office of A gets an order from a buyer "B" in Karnataka. A in tamilnadu places an order on manufacturer 'M' in karnataka with an instruction to deliver the item to "B" in Bangalore. Can it be construed as consignement sale or sale in transit. Please clarify - Reply By Dinesh Gupta - The R .....

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..... eply = Since the final destination of goods is known prior to movement of goods, the same should not be constituted as consignment sales for the purpose of CST. - Reply By A RAVINDRA - The Reply = No Mr. Dinesh gupta. knowing the final destination is not the criteria. Please refer section 8 and also section 5 of cst act. - Reply By Dinesh Gupta - The Reply = Kindly read section 3(b) of .....

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..... CST . - Reply By Dinesh Gupta - The Reply = The language is very much clear. Transfer of documents must be during the movement of goods from one state to another. In the query there is no question of movement of goods from one state to another at any point of time. Since the state that movement of goods from one state to another is not there, same can not be constituted as central sale in the cou .....

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..... rse of consignment. - Reply By Rama Krishana - The Reply = I agree with the view express by Mr. Dinesh Gupta. - Clarification - consignement sale or sale in transit - Query Started By: - A RAVINDRA Dated:- 11-3-2009 Value Added Tax - VAT-CST - Got 5 Replies - VAT and Sales Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagement .....

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..... india - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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