Gst on commission income
This query is : Open
Akash Sharma
(Querist)
29 August 2017
Hello sir,
I am akash , I am working for hdfc bank as a DSA and I recieve my payout/commission on monthly bassis , before GST there will TDS deduct from my earned COMMISION and I am not liable to pay service tax , but after GST regulation bank deduct 18% amount from my earned commission .
Example :- earned commision 100000/-
Paid commission :- 82000/- ( after 18% deduction )
I just want to know that can I claim the deduct amount as before like I claim TDS , and if not then who will be responsible for GST either ME or bank , if I paid GST and also should pay income tax , is that as per law .
Please suggest .
I am akash , I am working for hdfc bank as a DSA and I recieve my payout/commission on monthly bassis , before GST there will TDS deduct from my earned COMMISION and I am not liable to pay service tax , but after GST regulation bank deduct 18% amount from my earned commission .
Example :- earned commision 100000/-
Paid commission :- 82000/- ( after 18% deduction )
I just want to know that can I claim the deduct amount as before like I claim TDS , and if not then who will be responsible for GST either ME or bank , if I paid GST and also should pay income tax , is that as per law .
Please suggest .
29 August 2017
In case you ll be register under GST then you can give invoice 1lakh + Tax.....
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