F form under cst

GM Finance & Legal

If we transfer goods outside delhi against Form F, and franchisee does not issue form f, than there is any rule under which we legally warn him against this or any other provision is available in Central Sales Tax Act

 
Reply   
 

Sir,      

    Here you have transferred stock to your appointed franchisee dealer on the basis of an agreement executed stating the terms and conditions of the consignment transactions, commission, payment, F form etc. Now a days, nobody will execute a consignment agreement in the absence of proper security.  There is no provision to warn the agent under CST Act.  In the absence of F form declaration with proof of movement, your assessing authority can assess the consignment turnover either under local State Act or CST Act if the goods were moved out side the State. Therefore you can withdraw consignment agency and for money consideration if any you have to file Money Suit before the Civil Court.

 
Reply   
 


LEAVE A REPLY


    

Your are not logged in . Please login to post replies

Click here to Login / Register  



 

  Search Forum








×

Menu

Post a Suggestion for LCI Team
Post a Legal Query
Forensics & Evidence     |    x