Vat on consignment sales
Querist : Anonymous
A transfer the goods to B vide stock transfer without any VAT/CST. B issues form F to A.
Now, B sales the goods in Maharashtra & collects the VAT. Balance remitted to A.
My question is ;
1. Will any input credit available to B ?
2. How will this be computed ?
Querist : Anonymous
But then can dealer A claim input credit on goods sold under consignment against the goods sold other than by agent.
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