Can any one let me know the difference between the retailer & reseller as per the MVat Act.
Difference between retailers & resellers
Saliq Ansari (CA_Final Student) (885 Points)
17 August 2011
Saliq Ansari (CA_Final Student) (885 Points)
17 August 2011Can any one let me know the difference between the retailer & reseller as per the MVat Act.
tyagoo
(proprietor)
(38 Points)
Replied 18 August 2011
retailer is the end seller in the trade chain who sells goods to the customer but a reselller is a middle dealer who may sell goods to dealers and customers .He is not the end in trade cycle.almost all bill or invoice prepared will be retail invoice for retailer but for a reseller the invoice prepared will moslty be tax invoice then retail invoice
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)
CAclubindia
