22 April 2024
Sir, I have a proprietorship firm registered under GST and having the DSA of banks. Please suggest for my services as DSA for the bank, the Invoicing done by me for the loan source for the bank, Can I charge the GST on the billing amount OR will it attrach RCM as per Notification No. 16/2018-Integrated Tax (Rate), Dated: 26th July 2018 which states "Services supplied by individual Direct Selling Agents (DSAs) other than a body corporate, partnership or limited liability partnership firm to the bank or non-banking financial company" Will the Sole proprietorship firm be treated as Individual OR can I charge the GST in the Invoicing
CAclubindia
