Gst on lic commission received
This query is : Open
08 January 2018
Dear Experts
Assesee is a LIC commission agent. She receives Rs 20,000 per month (approx) in her bank account. Whether GST is applicable on this. Whether she has to get voluntarily registered as GST registration is compulsory for commission agents.
Kindly Reply
Assesee is a LIC commission agent. She receives Rs 20,000 per month (approx) in her bank account. Whether GST is applicable on this. Whether she has to get voluntarily registered as GST registration is compulsory for commission agents.
Kindly Reply
Udaya Chandran
(Expert)
08 January 2018
Insurance commission received by agent comes under RCM, no need to take registration.
Message likes :
2 times
Renu Goyal
(Expert)
08 January 2018
Registration of agent falls under compulsory registeration and there is no suchnotification/ clarification from department for not getting registered.
Message likes :
2 times
08 January 2018
Yes... I agreed to Renu Goyal...
Registration is compulsory under GST for Commission Agent...
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