What is Inter-State Sales?
Interstate sales refer to a sale where goods or services are transferred from one state to another within the same country. This means that the buyer and the seller are located in different states and goods are moved from one state to another. Interstate sales are subject to specific regulations and taxation policies as they involve the transfer of goods from one state to another. For Example, Rahul a dealer from Bihar sold goods to Ravi from Bengal as an Inter-State Sales.