Validity of Sale

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....alidity of Sale<br> Query (Issue) Started By: - RAJESH MISHRA Dated:- 6-8-2009 Last Reply Date:- 8-8-2009 Other Topics<br>Got 1 Reply<br>Indian Laws<br>Dear Sirs, Can we make transaction as per the b....

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....elow 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....

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.... 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 & centra....

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....l 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 & s....

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....ection. Reply By Mukesh Kumar: The Reply: No doubt it is genuine transaction and allowable. But, the care is required to comply with the formalities i.e would it be constituted as Central sale or not....

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....? whether buyer is predetermined or not?<br> Discussion Forum - Knowledge Sharing ....