TaxTMI 
TaxTMI 
Consignment Sales Agent (CSA) change in GST
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....onsignment Sales Agent (CSA) change in GST<br> Query (Issue) Started By: - Avinash Agarwal Dated:- 26-1-2017 Last Reply Date:- 30-6-2017 Goods and Services Tax - GST<br>Got 5 Replies<br>GST<br>Dear All, As there used to be CSA in case of VAT regime where company used to transfer stock to CSA against F-form, where all the sale proceeding used to be transferred directly to company and CSA used to g....
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....et commission. However, now in GST it is understood that F-form format is waived off. All transfer of goods will be in the form of Sale & Purchase. So, how do you see as the tax implication in such case for CSA agent who is receiving the goods and selling it for company. Since all transactions are done in CSA's TIN/GSTIN, how do we justify it.? Should the company directly register themself ....
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....in different state where they used to use CSA's TIN for transaction during VAT?? Or the CSA should continue use of CSA's GSTIN in GST regime for the company?? Please advise. Reply By YAGAY AND SUN: The Reply: The answer of query is that in GST Regime its gone be tax on supply of goods and services. Assessee/Dealers/Service Providers need to enroll int GSTN. There would be levy of GST a....
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....t each and every level and seemless credit would be allowed. Even CSA would need to get registration and pay tax on receipt of goods and charge tax for supply of goods. Reply By Ganeshan Kalyani: The Reply: Under VAT, CSA was registered by main dealer as additional place of business. No separate registration for VAT /CST was taken by CSA. In the same way under GST as well the main dealer would e....
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....nrol by adding the CSA's address as additional place of business. CSA would not require to get separate registration. This is my view. Thanks. Reply By YAGAY AND SUN: The Reply: However this is optional to show CSA's place as additional place of business. Further its Turnover will be added in your company's turnover. Reply By Ganeshan Kalyani: The Reply: It is better to show the a....
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....dditional place of business in the enrolment form. Reply By Prashant Asija: The Reply: Hi with reference to the abovce discussion we need to know the treatment on stock held by consignment agent 1. Either we will treat that as our stock and take the credit of import duty paid 2 or Consignment agent will claim 5.4% credit on the sales under transition rules. Pleae advise on the treatment<br> D....
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