F form under cst

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.