Wanted your opinion regarding the implication if an Agent does not make GST payments for the sales carried out by his principal.
Is there any exposure to the principal - can the Department demand the tax from the Principal?
Additionally, is there an option for the principal to directly make the payment and file the returns on behalf of the agent (under the GSTIN of the principal itself)?
09 September 2018
Liability to pay HST is on registered person. it is always the liability of principal to pay GST. agent paying gst i s just discharging the liability of principal. agent paying on behalf of principal. if not pricipal himself should discharge his liability
11 September 2018
But what is the procudure? Invoice has been issued under the GSTIN of the agent. Payment and Returns can thus be made only under his GSTIN. Is there any process to file those data under Principal's GSTIN as well?
CAclubindia
