https://www.taxtmi.com/circulars?id=58065 A del credere agent (DCA) guarantees payment by advancing payment or credit; whether the DCA is an agent under Schedule I depends on invoicing: if the supplier issues the invoice, the DCA is not an agent; if the DCA invoices in its own name, it is an agent. If not an agent, short term credit by the DCA is an independent supply and interest need not be included in the goods' value. If an agent, the credit is subsumed in the goods' supply and interest must be included in the taxable value. en-us Thu, 22 Nov 2018 00:00:00 +0530 Thu, 06 Dec 2018 12:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58065 A del credere agent (DCA) guarantees payment by advancing payment or credit; whether the DCA is an agent under Schedule I depends on invoicing: if the supplier issues the invoice, the DCA is not an agent; if the DCA invoices in its own name, it is an agent. If not an agent, short term credit by the DCA is an independent supply and interest need not be included in the goods' value. If an agent, the credit is subsumed in the goods' supply and interest must be included in the taxable value. Circulars GST - States Thu, 22 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58065