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GST query

CA MONIKA (CA Practice ) (35 Points)

17 July 2017

A Yarn broker earns commission from party as well as company. Commission earned is less than 20lakhs. Parties dealing with yarn broker are insisting for his GST no. Is yarn broker required to obtain GST no. ?

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13 Replies

dalip (branch manager) (37 Points)
Replied 17 July 2017

gst rate on book printing works ?

anuj rathi (bcom) (275 Points)
Replied 17 July 2017

no..he is not required to take gst reg. but as per current law and situation no businessman work with unreg. person so yarn broker take reg. for the benefit of its business but its not complsury for him in law because his T/O is less than 20 lakh

Puneet Gupta (14 Points)
Replied 17 July 2017

what is the HSN CODE and GST rate on non woven bags

1 Like

Puneet Gupta (14 Points)
Replied 17 July 2017

what is the HSN CODE and GST rate on non woven bags

monika (Article Assistant) (20 Points)
Replied 17 July 2017

printing service is exempt from gst

1 Like

asgar ali (5 Points)
Replied 17 July 2017

please suggest me hsn code for events and exhibition service

RAJA P M ("Do the Right Thing...!!!") (127058 Points)
Replied 17 July 2017

@ Asgar Ali

@ Puneet Gupta...

/forum/hsn-code-and-gst-rate-408602.asp

RAJA P M ("Do the Right Thing...!!!") (127058 Points)
Replied 17 July 2017

Originally posted by : dalip
	gst rate on book printing works ?

Mr. Dalip.,

What books....?

RAJA P M ("Do the Right Thing...!!!") (127058 Points)
Replied 17 July 2017

Originally posted by : CA MONIKA
	A Yarn broker earns commission from party as well as company. Commission earned is less than 20lakhs. Parties dealing with yarn broker are insisting for his GST no. Is yarn broker required to obtain GST no. ?

Dear CA. MONIKA.,

In my View Above Query.,

A is a Broker, B (seller) & C (receiver) is transact parties. A ll be dealing commision basis for the earnings. His T/O is less than 20lakhs he don't want register under GST.

In case B ll be preparing Invoices to A's name and A ll be invoicing to C's name then it ll be above 20lakhs T/O to A.

A want to be register under GST as Regular Dealer if his T/O above 20lakhs. Can't opt Composition.... Bcoz, He doing commision based business...

C is also under RCM if A is URD....

Am i right...?!

Sandeep Upadhyay (1518 Points)
Replied 17 July 2017

Books printing 5% hsn 9988

janak kumar singhal (assistant) (110 Points)
Replied 17 July 2017

sir, broker or agent covered under complusory registration

Sandeep Upadhyay (1518 Points)
Replied 18 July 2017

Agree with Mr janak kumar

Vijendran R (SR AUDIT OFFICER (Retd)) (44 Points)
Replied 19 July 2017

If the Book Printing is done as Service, i.e., getting the raw materials from the Customer, GST @ 18% is applicable. However, if Printed Books are supplied without getting the raw materials, shall be treated as sale and covered by HSN 49.01 and rate of GST is based on the end product supplied to the Customer either at 5% for annual reports, leaflet etc., and NIL rate for simple printed books. However, this may be confirmed by the trade association which generally decides the finer details of HSN.