Distributorship of Sale of recharge vouchers

This query is : Resolved 

08 October 2017 Plz tell me how to file GST return of sale of recharge vouchers..

08 October 2017 does the distributor gets the recharge vouchers against DEPOSIT or FOR payment?

08 October 2017 Sir against deposit

08 October 2017 so?.....
you are entitled for a commission. Isn't it?
Why do you want to show it as sale and purchase?

08 October 2017 Ok Sir. Plz tell How I will treat in GST ..

08 October 2017 it is a service. the commission you get by way of credit note is to be shown as sale.

08 October 2017 your means if my client deposit 80 lacs for recharge voucher he get 1% commission ( 80000 Rs). So he will pay tax @18 % on 80000 Rs.

09 October 2017 yes, that should be the game changing plan......
is it viable?

09 October 2017 Ok plz clear my last doubt. It means he will pay tax on commission ( means 80000 Rs @18% =14400 Rs. )

09 October 2017 yes, you are right.....

09 October 2017 Thnxx Sir, appreciate the prompt response .

09 October 2017 you are most welcome....


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