Merchant trading
This query is : Resolved
RAMESH KUMAR VERMA
(Expert)
30 December 2011
merchant, is a person who purchase the goods from manufacturer and then export / process ahead for their profit.
for this take the, open the a/c in bank and apply for IEC code and take the government incentive if applicable AS PER DGFT.
IN VIEW OF ABOVE CAN SAY THAT:
Merchant trading is when you buy for less and sell for more. Like buying a T.V. for RS. 2500 and waiting a while and selling it for like 4000-45000. You make a profit. That is called merchant trading
for this take the, open the a/c in bank and apply for IEC code and take the government incentive if applicable AS PER DGFT.
IN VIEW OF ABOVE CAN SAY THAT:
Merchant trading is when you buy for less and sell for more. Like buying a T.V. for RS. 2500 and waiting a while and selling it for like 4000-45000. You make a profit. That is called merchant trading
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