Why should used car intermediaries be recognised

There are certain vested interests who are trying hard to get used car selling platforms to be recognised as intermediaries so they can be charging fat commission to consumers. These organisations are using ngos like consumer voice etc. to lobby. Why should two consumers wanting to buy or sell cars not list through OLX or FB market place or whatsapp and go through these “official intermediaries”

And can consumer voice type NGOs please advise if food tests that they do are also all paid and sponsored tests or we can trust them. more  

View all 8 comments Below 8 comments
Platforms, more so the electronic ones allow for centralisation of data with sales being affected through matching buyers with sellers, using artificial intelligence algorithns thereby affecting process transacting in a matter ultimately getting decentralised. This technology enabled platform, acting as intermediary therefore yields economies, and the used cars are a resource that is better utilised by being shared, over the car's entire life, yielding the best bargain for both the seller and buyer. Fewer cars that still have some year running left, therefore end up getting junked into landfills, thus benefiting environment. more  
Both seller and buyer are benefited by used car intermediaries. more  
Its not the responsibility of the NGO 's who are in consumer protection field.. But you have to understand that there is no guideline for consumers Organisation in India. no one is there to check the activities of consumers or consumers organisation -neither the state government nor the central government.. more  
For your information, "the term 'Intermediary' means a broker, an agent, or any other person, by whatever name called, who arranges or facilitate a provision of a service (hereinafter called the main service) or a supply of goods, between two or more persons, but does not include a person who provides the main service or supplies the goods on his account." is the definition as per the Rules 2(f) of Place of Provision of Services Rules, 2012, issued vide Notification No. 28/2012-ST, dated 20.06.2012 as per the CBIT&C-Customs Wing, Department of Revenue, Ministry of Finance, GoI, circular letter No. F. CBIC-20001/8/2021-GST, issued vide Circular No.159/15/2021-GST dated 20.09.2021 in response to representations. I do not understand the purpose of issue of the circular dated 20.09.2021 by the Department under GST Act. I am certainly not surprised to read that certain organisations are using the NGOs like consumer voice etc. to lobby for the 'Dalals' (and, the ngo itself getting a bite). The buyers must make representations to cut off the role of these intermediaries, better known as commission agents, between the buyer and the seller. This is a applicable to the role of property dealers which unduly raises the cost to the buyers. It is likely that such intermediaries will be asked to pay up GST/CGST at the at the commission earned. In fact the Local Circle must make a representation to the Ministry of Finance and its revenue department to demolish the system of intermediaries as this is no way of generating employment avenues. more  
Post a Comment

Related Posts

    • Beware of Star Health and Care insurance

      Star and Care stand out in people having horrible claims experience and claim rejection I have seen both these insurers reject claims for illogical reasons. They seem to delay claim...

      By Naina Mittal
      /
    • Inland letter from LIC without any information

      A couple of days back, I received 2 letters from LIC. It started this "Dear Policyholder...". It was an intimation of maturity or survival benefit for the policy. Nowhere was the policy number me...

      By Padmanabhan G
      /
    • Airtel ups their post paid

      Pathetic customer service. My postpaid mobile bill jumped from ₹352 to ₹411. Changed to a new plan of ₹449 without any communication to me or my authorization..called their customer service number....

      By Padmanabhan G
      /
    • High cost of living

      The way cost of living, inflation, rents, layoffs, fear of pink slips, insufficient retirement corpus, over exceeding medical & education costs are increasing, very soon we are going to witness...

      By RN Chopra
      /
    • महंगाई - गेहूं यानी wheat

      गेहूं की महंगाई रहस्यमय हो चली है. मांग और आपूर्त‍ि की गुत्‍थी का सिरा ही गुम है. - नई फसल आने के बाद भी कीमतें न घटीं. अगस्‍त में गेहूं की क़ीमत करीब 100 रुपये/ क्‍व...

      By RN Chopra
      /
    • Media news channels

      Roll of news channels in TRP era. Same participants, Same hot discussion. No conclusion.Smile on anchors face when participants argue and use rough hot words. What should be standard of T...

      By Satyapal Singh
      /
    • Too much tax for buying home

      To buy a house of 1 cr you need to pay 5% GST,Which is 5L lakhs & stamp duty for registration is around 3 Lakhs. To earn 1cr 8 lakhs you have to pay tax of 38.75 Lakhs (30% + 15% sur...

      By Mukul Puri
      /
    • By Sanjit Jha
      /
    • Indexation removal by Govt is bad for property ownership

      Many have no option but to borrow and buy real estate. A loan serviced for say 20 years, significantly increase the amount paid towards the property. Now, they no longer have recourse to adjust for...

      By Reeta Kumar
      /
    • WEWELLCOM PATANJALI AYURVED's ACTION

      The Brompton cocktail, sometimes called Brompton mixture and most popularly known as Brompton cough mixture, was originally developed at a hospital specializing in chest diseases. This cough mixtur...

      By Jayakumar Daniel
      /
    • Milk price increase - Karnataka

      Basic milk price has been increased by ₹4 per litre in Karnataka. The govt says that it is not an increase. They have added another 50ml to the pouch and that this increase is for the addl volume. ...

      By Padmanabhan G
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)