Easy Office

Gst on brokerage and comm

This query is : Resolved 
Profile Image

Profile Image

(Querist)
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
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
17 May 2022 Yes, you have to pay GST on commission and brokarage.
GST payable on receipt.
Profile Image

jaigurudev

Profile Image

jaigurudev (Querist)
18 May 2022 sir, is their any exemption limit for comm. and brokerage



Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
18 May 2022 20 lacs if it's the only activity and not registered under GST.
Profile Image

jaigurudev

Profile Image

jaigurudev (Querist)
18 May 2022 thanks for quick responce

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links