Dealer's role
This query is : Open
20 March 2014
Suppose dealer import product 'x' and sale it by changing its name as 'Product Y' for making his own brand name and taking benefit of 4% CVD.
Can dealer do the same?
Reply urgently.
Please support your answer with legal documents.
Can dealer do the same?
Reply urgently.
Please support your answer with legal documents.
20 March 2014
Traders selling imported goods in India after charging sales tax/Vat can claim refund of special CVD from customs department vide notification No. 102/2007-Cus dated 14.09.2007. The Trader (if he is registered with Central Excise and is issuing Cenvatable Invoice) selling such imported goods must mention in his invoice that the buyer will not be able to avail Cenvat credit of such duty. If process amounts to manufacture or production of goods then excise duty liability will arise.
20 March 2014
Thank u sir.
But my point is that, can dealer sell the product by changing product name for making his brand name.??
But my point is that, can dealer sell the product by changing product name for making his brand name.??
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CLOSING STOCK QUERY
- Exiting partner in partnership firm in gst portal
- TDS on rent received on hardship compensation being rent on redevelopment of building
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- Missed TDS
- IT returns for fresh job holders
- F&O reporting in ITR
- CASH GIFT FROM BLOOD RELATIVE
- TDS offline utility
- Due Date Clarity
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
