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Commission and freight role in GST

Goods and Services Tax - Started By: - RAM SHARMA - Dated:- 2-9-2016 Last Replied Date:- 4-9-2016 - Dear Experts,We are manufacturer of exciasable goods and selling our goods through our various consignment agent in all over india against form F. We .....

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entation of GST impact.Thanks & Regard - Reply By CS SANJAY MALHOTRA - The Reply = All forms i.e. C/D/E-1/F will be done away with in GST regime and the tax has to be paid in respect of supply to goods to own warehouse / sales through C&F age .....

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Input Tax credit is admissible subject to final product being taxable. - Reply By Ganeshan Kalyani - The Reply = Sir, seamless credit is aimed in GST, therefore every stage is proposed to be taxable and allowing the flow of Cenvat credit at every st .....

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ll undergo change/modifications. All have to wait till time a final law is enacted.. Thanks. - Reply By Ganeshan Kalyani - The Reply = Sir, IGST shall be payable by sending unit and the receiving unit shall be able to take credit by adjusting first a .....

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ould be chargeable to GST as per the proposed scheme. GST paid by the principal will be available to consignment agent / dealer as ITC and so no on subsequent sale. Therefore, it is bound that, the business strategy are going to change. The manufactu .....

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n such transfer. Since, the business models are going to change, the manner in which commission are given to consignment agents may also change. Indeed, if commission is paid separately, GST will be levied and the same will be available as ITC in the .....

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