Interstate purchase buyer-consignee basis
This query is : Resolved
Rahul Jain
(Querist)
05 February 2016
Suppose A is a Seller in Maharashtra, B is a Buyer in Gujarat and C is a Consignee in Gujarat.
Now B bought Goods from A and asked him to Bill Invoices in Buyer-Consignee Basis making C the consignee to whom goods will be delivered. A billed making B as Buyer and C as Consignee and Charged CST @ 2%.
Goods reached C. B raised a commercial invoice and sent it to C charging VAT @ 5%.
Is the transaction correct and lawfull? Moreover B will issue C-form to A??
Now B bought Goods from A and asked him to Bill Invoices in Buyer-Consignee Basis making C the consignee to whom goods will be delivered. A billed making B as Buyer and C as Consignee and Charged CST @ 2%.
Goods reached C. B raised a commercial invoice and sent it to C charging VAT @ 5%.
Is the transaction correct and lawfull? Moreover B will issue C-form to A??
05 February 2016
Yes the transactions are legal and lawful. Further B will Issue C Form to A
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