Goods and Services Tax – Started By: – Avinash Agarwal – Dated:- 26-1-2017 Last Replied Date:- 30-6-2017 – Dear All,As there used to be CSA in case of VAT regime where company used to transfer stock to CSA against F-form, where all the sale proceeding used to be transferred directly to company and CSA used to get commission.However, now in GST it is understood that F-form format is waived off. All transfer of goods will be in the form of Sale & Purchase.So, how do you see as the tax implication in such case for CSA agent who is receiving the goods and selling it for company. Since all transactions are done in CSA's TIN/GSTIN, how do we justify it.?Should the company directly register themself in different state where they used to u
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ler would enrol by adding the CSA's address as additional place of business. CSA would not require to get separate registration. This is my view. Thanks. – Reply By YAGAY AND SUN – The Reply = However this is optional to show CSA's place as additional place of business. Further its Turnover will be added in your company's turnover. – Reply By Ganeshan Kalyani – The Reply = It is better to show the additional place of business in the enrolment form. – Reply By Prashant Asija – The Reply = Hi with reference to the abovce discussion we need to know the treatment on stock held by consignment agent1. Either we will treat that as our stock and take the credit of import duty paid2 or Consignment agent will claim 5.4% credit on the sale
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