05 November 2013
i have a query about applicability of vat if i start an online business where as i'm just setting up the platform and acting as an agent. but simultaneously i would like to issue an invoice in my name. eg: i receive an order on my online portal from Mr.A. i Place an order to Mr.B to supply the goods to Mr.A issuing invoice by me on my name. Now whether i have to pay Vat for a sale to Mr.A and take input of Mr.B though even i'm taking just commission from Mr.B?