Cash & Carry Wholesale Trading
Cash & Carry wholesale trading would mean sale of goods/merchandise to retailers, industrial, commercial, institutional or other professional business users or to other wholesalers and related subordinated service providers.
Wholesale trading would accordingly be sales for the purpose of trade, business and profession, as opposed to sales for the purpose of personal consumption.
The yardstick to determine whether the sale is wholesale or not would be the type of customers to whom the sale is made and not the size and volume of sale.
Wholesale trading would include resale, processing and thereafter sale, bulk imports with ex-port/ex-bonded warehouse business sales and B2B (Business to Business) e-Commerce.