HSN CODE FOR COMMISSION ON EXPORT
This query is : Resolved
26 November 2020
Sir,
We are commission agents based in India and the supplier is in UK. Our supplier directly bills to our customers and we raise a commission invoice to our UK supplier for the sales @ 10 usd per cbm for the wood that is imported by our Indian buyer from our U.K. supplier. We Export under LUT so do we have to mention a HSN code and if yes what ?
We are commission agents based in India and the supplier is in UK. Our supplier directly bills to our customers and we raise a commission invoice to our UK supplier for the sales @ 10 usd per cbm for the wood that is imported by our Indian buyer from our U.K. supplier. We Export under LUT so do we have to mention a HSN code and if yes what ?
27 December 2020
Yes HSN Code needs to be mentioned.
SAC CODE - 996111 : Services provided for a fee/commission or contract basis on wholesale trade. Services Accounting Codes (SAC Codes) 996111 is used for the Services provided for a fee/commission or contract basis on wholesale trade under Goods and Service Tax classification.
SAC CODE - 996111 : Services provided for a fee/commission or contract basis on wholesale trade. Services Accounting Codes (SAC Codes) 996111 is used for the Services provided for a fee/commission or contract basis on wholesale trade under Goods and Service Tax classification.
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
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Multiple trade mark
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- LC charges in relation to Asset purchased should be Capitalised ?
- Value of property in capital gain
- Transporter Declaration form
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
