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)
(21056 Points)
Replied 06 February 2011
| Originally posted by : CA Vinit Shah | ||
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What happen, If a listed company appoint a stockiest or third party commission agent who does not have sales tax registration? |
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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.
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