Gst on brokerage and comm


This query is : Resolved 

Quick Summary
This discussion clarifies whether GST is applicable on brokerage and commission payments. The consensus is that GST is indeed payable on both brokerage paid and commission received. However, there's a potential exemption limit of 20 lakhs if this is your sole business activity and you are not registered under GST.

16 May 2022 dear sir,
i purchase goods through broker and pay comm. and brokerage.please advice me i have to pay gst?also i receive some comm.please advice is gst payable on receipt?
with thanks

17 May 2022 Yes, you have to pay GST on commission and brokarage.
GST payable on receipt.

18 May 2022 sir, is their any exemption limit for comm. and brokerage

18 May 2022 20 lacs if it's the only activity and not registered under GST.

18 May 2022 thanks for quick responce


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