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Franchise Security Deposit Under Various Scenarios

VAT and Sales Tax - Started By: - clutch time - Dated:- 14-9-2016 Last Replied Date:- 18-9-2016 - Dear Sir/ Madam,Assessee is a financier(franchisor) who finances businesses and extends financial services to their member agents(franchisee) to extend such services to customers all over india. The aim is to provide easy financing and earning for people in remote areas. To start the agreement of franchising, the assessee has to make 2 deposits:1. A fully refundable working capital deposit. (will be .....

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