Commission contract for sales, marketing of product of UK
This query is : Resolved
23 December 2021
Hi All
One of my clients had entered into the contract for sale of membership of coaching programme with the company located in UK for around 20000 pounds yearly.
Whether he has to take GST registration for the same? what other tax compliances he has to do?
Thanks in advance.
One of my clients had entered into the contract for sale of membership of coaching programme with the company located in UK for around 20000 pounds yearly.
Whether he has to take GST registration for the same? what other tax compliances he has to do?
Thanks in advance.
25 December 2021
It will fall under intermediary services. As service value exceeds 20 lacs GST registration required.
GST payable under forward charge.
GST payable under forward charge.
03 January 2022
Suppose in the same contract, if he is supposed to pay intial licence fees to the company around 5000 pound, what TDS rate will be applicable? Whether GST will be applicable on the same under reverse charge?
He is currently not registered under GST.
He is currently not registered under GST.
03 January 2022
No TDS and GST RCM applicable on such payment.
03 January 2022
Dear Sir
Why TDS wont be applicable?
Thanks in advance.
Why TDS wont be applicable?
Thanks in advance.
03 January 2022
No TDS applicable on payment to Non resident which is not taxable in India.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- ITR 1: Details for showing Exempt Income
- ITR selection for salaries and capital gain less than L
- ITR 2 Short Term gain & Long term gain
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Reporting Income under Section 44ADA
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- Tax liability on income of freelancer
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
