Gst Registation For Commission Income
This query is : Resolved
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Javed Memon
(Querist)
06 December 2022
Respested Sir / Madam
My Cleint Sale Used Four Wheeler , He Received Commission Income of rs. 21 Lakhs For P.y. 2021-22 By Sk Finance Bank For Providing Loan to the Customers , Now My question is
GST Registration is Required For Income above 20 Lakhs
My Cleint Sale Used Four Wheeler , He Received Commission Income of rs. 21 Lakhs For P.y. 2021-22 By Sk Finance Bank For Providing Loan to the Customers , Now My question is
GST Registration is Required For Income above 20 Lakhs
06 December 2022
Yes, supply to SK finance is taxable supply, and GST registration is required.
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Javed Memon
(Querist)
06 December 2022
Sir, if Commission Income is 19 lakhs Rs. and Brokerage income 5 Lakhs Rs. For sell out of old Cars than gst Registration is Required ?
ASHWANI DHANUKA
(Expert)
06 December 2022
yes gst registration is applicable
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