Loss of goods in consignment

Accountancy

Risk and loss of goods in consignment business is borne by ? Which act deals with consignment business?.

Anjali S

CA Inter

★ 0

23-May-23 22:19

519

Answers (2)

I can't understand ur question ❓ Can u elaborate little more?. Are u talking about bad debt risk and abnormal and normal loss.

Balachandar S

CA Inter

★ 59K+

23-May-23 23:16

Incase of delcredere commission given to consignee.. It'll be borne by consignee Other wise consignor. Bailment and pledge chapter in indian contract act is relevant

Gandlapati Hari Reddi

Qualified CA

★ 17K+

24-May-23 09:38