05-02-2009, 07:08 PM
dont combine the business of import and retail in a single company, a pricing issue will arise here, proviso to difinition of retailer will clarify you the above point
(28) âretailerâ means a person, supplying goods to general public for the purpose of consumption
Provided that any person, who combines the business of import and retail or manufacture or production with retail, shall notify and advertise wholesale prices and retail prices separately, and declare the address of retail outlets, and his total turnover per annum shall be taken into account for the purposes of registration under section 14.
(28) âretailerâ means a person, supplying goods to general public for the purpose of consumption
Provided that any person, who combines the business of import and retail or manufacture or production with retail, shall notify and advertise wholesale prices and retail prices separately, and declare the address of retail outlets, and his total turnover per annum shall be taken into account for the purposes of registration under section 14.
