Vat on consignment sales

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 August 2014 Dealer A is in UP and Agent B is in Maharashtra.

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 ?


05 August 2014 No input is available to B.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
05 August 2014 Thanks.

But then can dealer A claim input credit on goods sold under consignment against the goods sold other than by agent.

05 August 2014 it depends on state, some state allow while some state do not


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details