2015 (6) TMI 121

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..... P Muralidharan, AC (AR) ORDER Per: D N Panda: When the appellant was carrying out an activity of Delcredere Agency, Revenue has held that service provided by the appellant of the following nature shall be clearing and forwarding agency:- i. To organize, propagate, advertise and promote the sale of products in India ii. To establish close coordination and connection between RIL and the custome .....

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..... s are not collected by the Assessee within the credit period from the customers such outstanding together with interest as per the policy of RIL, shall be paid forthwith without demur by the Assessee to RIL. vii. In consideration of the services rendered by the Assessee, RIL will pay a commission of certain amount per MT of the product sold by the Assessee. viii. Assessee as Delcredere Agent und .....

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..... . 3. The appellant is found to be a delcredere agent who in the commercial world guarantees recovery of the debt. Even reading of the scope of the activities carried out by appellant as depicted in the appellate order does not appeal to common sense that the appellant carried out clearing and forwarding service when Department has not brought out which are the consignments he cleared and origin a .....

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