GST Helpdesk   Subscription   Demo   New User   Login      
Tax Management India .com
TMI - Tax Management India. Com
Extracts
Home List
← Previous Next →

2015 (6) TMI 121 - CESTAT CHENNAI

2015 (6) TMI 121 - CESTAT CHENNAI - 2015 (39) S.T.R. 679 (Tri. - Chennai) - Clearing and forwarding agency service - delcredere agent - Held that:- 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 ar .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

ng 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 customers and/or potential customers; iii. To Indent/Order acceptance form as prescribed by RIL shall be filled in and signed by the Assessee and submitted to RIL. iv. From time to time and at least once in every calendar month submit to RIL a market report or survey based on their estimate of the .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

oceeds 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 undertakes to procure and otherwise submit to RIL all necessary declarations, forms and documents, r .....

X X X X X X X

Extract - Part text only
Click here to Access Full Contents

X X X X X X X

 

 

 

 

 



|| Home || Acts and Rules || Notifications || Circulars || Schedules || Tariff || Forms || Case Laws || Manuals ||

|| About us || Contact us || Disclaimer || Terms of Use || Privacy Policy || TMI Database || Members || Site Map ||

© Taxmanagementindia.com [A unit of MS Knowledge Processing Pvt. Ltd.] All rights reserved.

Go to Mobile Version