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.
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