GST One business and Commission Received
This query is : Resolved
05 October 2020
What would be the GST implications on the below case plz clarify
A Person is registered under GST as building Contractor. during this year his turnover under this business is NIl. How ever he received commission of Rs. 18 lacks from sale of plots of land etc., He has not registered under GST for commission business. Is this commission received covered under GST. does he need to pay GST on commission even though he is not registered this business under GST.
A Person is registered under GST as building Contractor. during this year his turnover under this business is NIl. How ever he received commission of Rs. 18 lacks from sale of plots of land etc., He has not registered under GST for commission business. Is this commission received covered under GST. does he need to pay GST on commission even though he is not registered this business under GST.
05 October 2020
Yes,he has to pay gst on commission as he is registered under GST. There is no requirement of registering separately for separate business activity but once registered GST is payable for all taxable businesses.
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