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Issue ID : 111426
- 0 -

Consignment Sales Agent (CSA) change in GST

Date 26 Jan 2017
Replies5 Answers
Views 14922 Views
Asked By

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 get 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 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.

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- 0
Replied on Jan 26, 2017
1.

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 at 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.

- 0
Replied on Jan 26, 2017
2.

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 enrol by adding the CSA's address as additional place of business. CSA would not require to get separate registration. This is my view. Thanks.

- 0
Replied on Jan 27, 2017
3.

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.

- 0
Replied on Jan 28, 2017
4.

It is better to show the additional place of business in the enrolment form.

- 0
Replied on Jun 30, 2017
5.

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

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