My Question is 1. GST is Applicable on Fiance Commission Agent ? 2. if applicable which ratio (0 5 12 18 28)? 3. if agent paid on GST on commission that GST will reimburse to Agent, if reimburse guide us how ? 4. GST number is mandatory for Commition Agnet?
21 September 2017
1 GST applicable on finance commission if such receipts exceed in a year 20 lacs. 2 18% applicable. 3 Claim commission bill as tax invoice with GST commission with GST will be paid to you. 4 GST number is mandatory if commission income exceeds 20 lacs.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
22 September 2017
Thanks Sir,
one more question regarding last Q3, if i got Tax invoice with GST , shoud i get that GST en-cash that GST in Bank Account, if yes guide me How?