GST REGISTRATION
This query is : Resolved
Krishna Joshi
(Querist)
22 February 2020
AN INDIVIDUAL IS DOING TRADING OF LAND. HE PURCHASED LAND AND THEN SELL IT. BUT NOW HE ALSO PERFORM A ROLE OF A MIDDLE- MAN OR AGENT AND FOR THIS HE RECEIVED COMMISSION FROM SELLER.
SO IS HE LIABLE TO REGISTERED UNDER GST. HIS TOTAL TURNOVER IS (SALE OF LAND + COMMISSION) RS: 1 CRORE.
PLEASE SUGGEST ME
SO IS HE LIABLE TO REGISTERED UNDER GST. HIS TOTAL TURNOVER IS (SALE OF LAND + COMMISSION) RS: 1 CRORE.
PLEASE SUGGEST ME
CA Anita Bhadra
(Expert)
22 February 2020
Yes, he is liable to register, even if his commission income as an agent is less than Rs 20 lakhs
A Commission Agent is required to obtain Compulsory Registration u/s 24(vii) of CGST Act, irrespective of its turnover.
A Commission Agent is required to obtain Compulsory Registration u/s 24(vii) of CGST Act, irrespective of its turnover.
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
- Gst registered proprietorship firm
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- GST Intimation due to Government took possession of Business Premises under PPE Act
- TDS on purchase of under construction property from a reseller
- Non filing of I T Returns
- UDIN ISSUE
- TDS on Fixed Assets purchased
- SALARY CAN BE CAPITALIZE
- GST on Renting godown to KFCSC for Storage of Raagi
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
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
