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


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
18 August 2026
CA Semi Qualifies

Goyanka and Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
21 August 2026
Accountant

A G International

Kolkata

B.Com

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details
Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details