https://www.taxtmi.com/circulars?id=57674 Classification of a del-credre agent depends on invoice issuance: if the supplier issues the invoice the DCA is not an agent; if the DCA invoices in its own name the DCA is an agent. If not an agent, the loan or credit extended by the DCA is an independent supply of services and interest charged is not included in the value of the supplier's goods. If the DCA is an agent, the temporary credit is subsumed in the supply of goods by the DCA and interest charged must be included in the transaction value of those goods. en-us Mon, 05 Nov 2018 00:00:00 +0530 Fri, 23 Nov 2018 14:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57674 Classification of a del-credre agent depends on invoice issuance: if the supplier issues the invoice the DCA is not an agent; if the DCA invoices in its own name the DCA is an agent. If not an agent, the loan or credit extended by the DCA is an independent supply of services and interest charged is not included in the value of the supplier's goods. If the DCA is an agent, the temporary credit is subsumed in the supply of goods by the DCA and interest charged must be included in the transaction value of those goods. Circulars GST - States Mon, 05 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57674