Treatement of account

This query is : Resolved

ShivaShankar M.R. (Querist)
Follow

29 December 2011 for sale of embossed stamp papers
1. white sheets are ours
2. we have to pay for emboss for values like Rs. 100 etc.,
3. we sell it with profit say Rs. 2 per sheet
4. Whether it comes under SALE OF STAMP PAPERS OR COMMISSION OF STAMP PAPER.

Mahesh Paryani

Mahesh Paryani (Expert)
Follow

29 December 2011 Dear Sir.

As per the defination of commission :- The authority to perform task or certain duties

In your case you have been given the task to print stamp papers and sell across the same.

without deligation of the you cannot perform the same.

the same task is being remunated on per piece bases

So as per my openion it is a commission on sale of stamp papers.