https://www.taxtmi.com/circulars?id=61157 Whether a del credre agent is an agent under Schedule I depends on invoicing: if the supplier issues the invoice the DCA is not an agent; if the DCA issues the invoice in its own name the DCA is an agent. If not an agent, the short term loan/interest by the DCA is an independent supply and not includible in the value of goods; if an agent, the credit is subsumed into the supply of goods and interest must be included in the value of those goods. en-us Thu, 08 Nov 2018 00:00:00 +0530 Tue, 28 May 2019 17:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61157 Whether a del credre agent is an agent under Schedule I depends on invoicing: if the supplier issues the invoice the DCA is not an agent; if the DCA issues the invoice in its own name the DCA is an agent. If not an agent, the short term loan/interest by the DCA is an independent supply and not includible in the value of goods; if an agent, the credit is subsumed into the supply of goods and interest must be included in the value of those goods. Circulars GST - States Thu, 08 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61157