https://www.taxtmi.com/circulars?id=60773 Agent status depends on invoicing: if the supplier issues the invoice, the del credre agent is not an agent and the short term loan provided by the DCA is an independent supply; interest charged by the DCA is not included in the supplier's goods value. If the DCA issues the invoice and acts as agent, the credit extended is subsumed into the supply of goods by the DCA and interest charged must be included in the transaction value of those goods under GST valuation rules. en-us Mon, 19 Nov 2018 00:00:00 +0530 Sat, 04 May 2019 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60773 Agent status depends on invoicing: if the supplier issues the invoice, the del credre agent is not an agent and the short term loan provided by the DCA is an independent supply; interest charged by the DCA is not included in the supplier's goods value. If the DCA issues the invoice and acts as agent, the credit extended is subsumed into the supply of goods by the DCA and interest charged must be included in the transaction value of those goods under GST valuation rules. Circulars GST - States Mon, 19 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60773