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In consignment fill up we delivery goods to customer site,
is there any agrement with customer? if yes what type of
agreement(relating price)?if no with out agrement
how can we place rupes lacks of amount to customer site?
i faced this question in HLL?
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Answer Posted / debaditya
In consignment fill up only the physical stocks are
transferred from the warehouse to the clients premises but
the ownership of the items are not transferred. Hence the
price agreement does not come to picture.
But consignment as a whole is an agreement between the buyer
and the seller.
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