TaxTMI 
TaxTMI 
sir
What u mean by predetermined sale or preconceived sales, for the transfer of goods to another state on F form to the branch office, and the branch office selling to a single dealer after charging vat applicable in his state?
predetermined sales
17 Nov 2016 
4 Replies 
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Preconceived sale treated as an interstate taxable sale when goods are moved pursuant to prior orders, not a stock transfer.
Preconceived sale is an interstate sale, not a stock transfer, and is taxable where goods moved to another state are sold pursuant to orders existing before movement. A key indicium is splitting a consignment and removing goods in accordance with orders received prior to transfer; such pre existing orders convert what appears as stock transfer into a taxable interstate sale. (AI Summary)
Preconceived sale is an interstate sale, not a stock transfer, and is taxable where goods moved to another state are sold pursuant to orders existing before movement. A key indicium is splitting a consignment and removing goods in accordance with orders received prior to transfer; such pre existing orders convert what appears as stock transfer into a taxable interstate sale. (AI Summary)