M/s S.607 Namakkal Agricultural Producers Co-operative Marketing Society Ltd., Namakkal

1. Whether there is any purchase/sale involved in the process of auction of agricultural produce (cotton) conducted by the Namakkal  Agricultural Producers  Co-operative Marketing Society?
2. Whether our Society is liable to pay tax under Reverse Charge Mechanism in the capacity of being an auctioneer?
3. Whether service tax payable on receipt of Commission, Godown rent, Interest, in respect of service provided to agricultural produce?
4. Whether or not the merchants (Registered person) who directly purchase cotton from the agriculturist through auction conducted by the society is liable to pay tax on the basis of Reverse Charge Mechanism