Goods supplied for display and sales

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....oods supplied for display and sales<br> Query (Issue) Started By: - Ravikumar muthusamy Dated:- 3-12-2013 Last Reply Date:- 19-12-2013 VAT + CST<br>Got 1 Reply<br>VAT / Sales Tax<br>Our client wishes....

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.... to supply goods for display on department stores and issue his own bill on sales to retail buyers and paying commn to the department stores. is it allowed under vat act and if so what is the formalit....

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....ies. Reply By Nagarajan Kannan: The Reply: Hi There are two transactions involved here. One is sale by your client to the retail buyers and payment of commission to the dept. stores for allowing hi....

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....m to display the goods. In my opinion, for the sale to retail buyers your client has to charge the VAT at the applicable rate on his bill. As far as commission is concerned, this will fall under busi....

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....ness auxiliary service under service tax rules. The dept.store has to charge service tax on their bill which they have to issue to your client. Regards Kannan<br> Discussion Forum - Knowledge Sharin....

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....g ....