An entity enters a 60-day CONSIGNMENT arrangement: it ships 1,000 dresses to a retailer; the retailer pays ₹20/dress only when each dress is sold to an end customer. The entity can require return or transfer to another retailer at any time. Under Ind AS 115, revenue is recognised:

All three consignment indicators in para B78 are present: (i) the entity controls the product until a specified event (sale to end customer), (ii) the entity can require return or transfer to a third party, (iii) the dealer has no unconditional obligation to pay. Control transfers at end-customer sale, not on delivery to the retailer.