TMI BlogValue of supply of goods made or received through an agentX X X X Extracts X X X X X X X X Extracts X X X X ..... ety per cent. of the price charged for the supply of goods of like kind and quality by the recipient to his customer not being a related person, where the goods are intended for further supply by the said recipient. Illustration: A principal supplies groundnut to his agent and the agent is supplying groundnuts of like kind and quality in subsequent supplies at a price of five thousand rupees per ..... X X X X Extracts X X X X X X X X Extracts X X X X
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