Validity of Sale

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..... Validity of Sale
Query (Issue) Started By: - RAJESH MISHRA Dated:- 6-8-2009 Last Reply Date:- 8-8-2009 Other Topics
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Indian Laws
Dear Sirs, Can we make transaction as per the .....

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..... 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 o .....

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..... f 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 & centr .....

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..... al 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 & .....

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..... 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 i.e would it be constituted as Central sale or no .....

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..... t? whether buyer is predetermined or not?
Discussion Forum - Knowledge Sharing .....

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