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| Discuss VAT and Commodity trade at the Commodities within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Dear Commodity Friends I have the following questions 1. What do you think will be ... |
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#1
8th January 2005, 02:36 PM
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VAT and Commodity trade
Dear Commodity Friends
I have the following questions 1. What do you think will be the impact of VAT on commodity trade. 2. Waht is the impact of Tsunami on commodity trade 3. How has the agrl trade shifted / changed after the start of National level multi commodity Exchanges I would be glad if some one could answer my questions With regards Pradeep Unni Analyst - Commodities 
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#2
8th January 2005, 06:34 PM
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Re: VAT and Commodity trade
Quote:
First of all let me welcome you to Traderji.com Interesting questions you have asked here. However I do not think we have very many commodities traders in this forum (unless I am wrong). As you are a commodity analyst, I would appreciate if you could post your comments in the commodities forum. Thanks.
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#3
19th January 2005, 03:06 PM
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Re: VAT and Commodity trade
Dear Traderji
Thankyou for the reply I have one important question. Can you ask any one of your members to tell their suggestions on the same 1. How has the Indian agricultural trade shifted / changed after the start of National level multi commodity Exchanges with regards Pradeep Unni
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#4
20th January 2005, 09:40 AM
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Re: VAT and Commodity trade
Hello Pradeep Unni,
I am sure that members who visit this forum will reply to your question if they have the necessary information.
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#5
27th October 2005, 04:40 PM
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Re: VAT and Commodity trade
Quote:
Ur 1st question: VAT will have its effect on commodity trade only when u desire to take delivery of that particular commodity Eg. VAT on taking delivery of Gold in maharashtra applies for 1% of VAT. 2ND Q: Tsunami will have its effect on commodity price only when such commodity fall in the effected area. For eg. pepper which has its origin in Kochi (Kerala), found the effect of waves, when its growning region got effected by Tsunami. 3rd Q: It has gone miles ahead of Equity market in terms of turnover (3,60,000 cr in commodity as compare to 3,30,000 cr in equity). Now u can see the effect. NCDEX IS THE MAJOR CONTRIBUTOR OF THIS. FOLLOWED MCX. I would be glad to answer ur query regarding this, if any. rafay Commodity Dealer Last edited by rafay; 27th October 2005 at 04:49 PM.
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#6
4th January 2006, 08:40 PM
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Re: VAT and Commodity trade
Pradeep rgarding ur question on how has agriculture trade shifted after the introduction of commodity exchange there are many aspects to it:-
(1) Farmers:- Farmers have been able to benefit because of this exchange but again not much. If u go to the mandi and ask any farmers does he know abot dabba" NCDEX" i am sure 99% of then will say noo. However they have been able to come out of cluches of traders and besides this their judgement on what to grow for the next season has improved considerably looking at the prices. (2)Traders:- "Survival For the fittest" is the buzzword for them. More than 90% of them have incurred losses. Only the best and the intellegent lot has survived.Their motto is ": HATE THE DABBA" (3) Govt Of India :- Perhaps another looser. Thier soo called policies and potection has ended. Now market determines the prices not the politicains (4) For Analysts like u & me Great yaar!! enjoying it.......... there is lot of demand and less supply....so within next 3 years we find Mr.Pradeep Unni, VP, T. Commodities and me a VP agro commodities somewhere (ishallah)... By the way pradeep are u coming to Rajkot for castor conference
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