HSN CODE FOR COMMISSION ON EXPORT
This query is : Resolved
Imran Merchant
(Querist)
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.
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