C& F agent

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2010 Whether C&F agent is liable to pay VAT as Normal Dealer , Process in case of Import from other state/??
Urgent

CA Vijay Kumar Gupta

CA Vijay Kumar Gupta (Expert)
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28 June 2010 yes,because in almost all the state the taxable quantum for importers is nil.

Querist : Anonymous

Querist : Anonymous (Querist)

28 June 2010 What will be the tax in case of import from other state & Tax rates in case sale made within & outside state
Difference between C& F agent and normal dealer as regards to vat??????????

Please describe in detail..

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CA. O.P. Agarwalla

CA. O.P. Agarwalla (Expert)
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29 June 2010 No difference for between C&F agent and other delaers for levying of taxes on sales.

Querist : Anonymous

Querist : Anonymous (Querist)

29 June 2010 But Department wants separate application from C&F agent ,what is the logic behind that???
What will be the benefit to company in case it appoints C&F agent instead of opening branches in other States???