https://www.taxtmi.com/circulars?id=69488 A del credre agent paying or advancing short term credit to secure supplier payment may be an agent under Para 3 of Schedule I depending on who issues the invoice: invoice by supplier - DCA not an agent; invoice by DCA - DCA is an agent. If not an agent, the credit is an independent supply and interest charged is not part of the value of goods. If an agent, the credit is subsumed into the goods supply and interest must be included in the value of supply. en-us Fri, 09 Nov 2018 00:00:00 +0530 Thu, 19 Mar 2026 13:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=69488 A del credre agent paying or advancing short term credit to secure supplier payment may be an agent under Para 3 of Schedule I depending on who issues the invoice: invoice by supplier - DCA not an agent; invoice by DCA - DCA is an agent. If not an agent, the credit is an independent supply and interest charged is not part of the value of goods. If an agent, the credit is subsumed into the goods supply and interest must be included in the value of supply. Circulars GST - States Fri, 09 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=69488