What happen, If a listed company appoint a stockiest or third party commission agent who does not have sales tax registration?
CA Vinit Shah (Proprietor) (44 Points)
05 February 2011What happen, If a listed company appoint a stockiest or third party commission agent who does not have sales tax registration?
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 06 February 2011
Originally posted by : CA Vinit Shah | ||
What happen, If a listed company appoint a stockiest or third party commission agent who does not have sales tax registration? |
query is incomplete,
information required a) item or commodity b) state of principal company 3) role of stockist / commission agent .viz , they have to issue invoice or not ..........
as transporter acts as C&F in most of cases , i.e cold drinks / icecreams / edible goods, without any such complications, they have to maintain stock and issue as per the principals invoice basis to consignee.
more details required to discuss further.
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)