Sometimes goods are not sold but are transferred to branch/agent
In case, such branch is outside state, it is called Inter State stock transfer
And
In case such agent is outside state, it is called inter state consignment transfer
Taxability
No CST is imposed on Consignment/Stock Transfer
The burden of proving that the movement of those goods was occasioned NOT by reason of sale shall be on the dealer transferring the goods to his branch/agent/principal
Procedure Followed
In this case, buyer gives F Form to seller
F form is given in case of
- Interstate Sale to Consignment Agent
- Interstate sale to Branch
- Interstate sale to Job worker
