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whether sale and purhases of cf agent are his and he is
liablte to pay VAT on sale of goods and pay the tax to govt
collected by him one more being receiving commission of
saleproceed during the year whose stock would be it it is of
c f agent or principal manufctrurer who has send the goods
to sold on his behalf
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Answer / Mohit
The sale and purchase of CF agents, as well as the collection of VAT and payment to the government, can have different implications depending on the specific circumstances. If the individual is acting as an agent for a principal manufacturer, they may be responsible for collecting VAT from customers and remitting it to the government. However, whether they are liable to pay VAT on the sale of goods or entitled to receive commission depends on various factors such as tax registration status, contracts with the manufacturer, and applicable laws.
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