Wholesale trading definition: purchase cost must be a substantial majority and inventory minimal relative to sales. Definition of wholesale trading for Notification No. 46/2023: an international or specified domestic transaction in goods that meets two conditions: ... Summary
Wholesale trading definition: purchase cost must be a substantial majority and inventory minimal relative to sales.
Definition of wholesale trading for Notification No. 46/2023: an international or specified domestic transaction in goods that meets two conditions: purchase cost of finished goods is eighty per cent or more of the total cost of such trading activities, and average monthly closing inventory of such goods is ten per cent or less of sales pertaining to such trading activities.
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