Validity of Sale

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..... 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 .....

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..... 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 .....

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..... 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 .....

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..... (Central / Local) with notification / rule section. - Reply By Mukesh Kumar - The Reply = No doubt it is genuine transaction and allowable. But, the care is required to comply with the formalities .....

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..... i.e would it be constituted as Central sale or not? whether buyer is predetermined or not? - Validity of Sale - Query Started By: - RAJESH MISHRA Dated:- 6-8-2009 Other Topics - Got 1 Reply - Indi .....

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..... an Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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