03 July 2010
In case importer clears goods through middleman instead of c & f agent. c & f agent raises bill on middleman and middleman raises bill on importer. on what amount tds to be deducted by importer - on agency commission of middleman or on entire invoice raised by middleman (i.e. amount of reimbursement exps )
03 July 2010
Based on the invoice by middleman, if he raise the bill separately for commission and reimbursent of c&f commssion you can deduct only middelman commission bill otherwise you need to deduct total bill value, for reimbursment supportings is very important