A of Gujarat sends goods on consignment to B of Uttar Pradesh. Now B sells those goods to C of Uttar Pradesh on behalf of A and charges VAT on the same as per rates applicable. Now what will be the tax treatment in hands of A and B? Also who will be entitled to claim the credit of Input Tax?
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Vat/cst in case of goods sold through consignment
Replies (1)
B will issue form F of stock transfer.
C will claim credit.
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