GST One business and Commission Received
This query is : Resolved
Ch. Sai Sudha Mohan
(Querist)
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.
Lekhraj sood
(Expert)
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.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
