Validity of Sale

[RAJESH MISHRA]

Dear Sirs, Can we make transaction as per the below query? If yes, kindly specify validity & nature of sale (Central / Local) with notification / rule with section. Query 1: In a transaction there are involve three dealers namely A of Mumbai, B of Delhi & C of Mumbai. Dealer B of Delhi wants to deliver / sale (sale in transit), Dealer C of Mumbai after purchasing goods from A of Mumbai. All three are registered dealer and having local & central registration certificate from their respective state. Is this sale is a valid sale or not? If it is valid sale kindly specify validity & nature of sale (Central / Local) with notification / rule & section.

AI Summary

Sale Validity Confirmed: Dealer B Can Sell In-Transit Goods to Dealer C; Ensure Compliance with Formalities for Central Sale. A query was raised regarding the validity of a sale transaction involving three dealers: A and C from Mumbai and B from Delhi. Dealer B intends to sell goods in transit to Dealer C after purchasing them from Dealer A. All dealers hold local and central registration certificates. The response confirmed the transaction is genuine and permissible, provided that formalities are observed, including determining whether it constitutes a central sale and if the buyer is predetermined.