banner_ad

Is vat applicable for commission agent

This query is : Resolved 
Profile Image

Profile Image

(Querist)
18 June 2016 Dear sir am sales agent for Mumbai based company company sends me articles as cst sales am selling the same articles as same rate which was sold by company. what is the tax liability for me am selling the same rate which was purchased by me. for that company giving me commission. sir pls help me is vat applicable to me if applicable what is sale rate is commission including purchase rate or only purchase rate?? pls help me.
Profile Image

CA. Hari Kishan

Profile Image

CA. Hari Kishan (Expert)
18 June 2016 As you have mentioned that the goods are purchased and sold in your name, which clearly means you shall be liable to register under the VAT laws of your state and collect and pay applicable tax on the same.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details