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we are getting materials from outside the state and issuing
form c to a local party, since the local party is consignee
agent of party who sends the materials. what is name this
type of transaction? is issuing form c correct and proper?
please reply
Answer Posted / Ranbir Kumar
This type of transaction could be referred to as an Intra-State Transit Declaration or Intermediated Consignment movement, depending on the specific regulations in your area. Issuing Form C for such transactions may be necessary to declare the movement of goods within a state. Ensure that you comply with all applicable local tax laws and regulations.
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