08 April 2020
Mr. Bhudev Aggarwal, an unregistered person receives commission of Rs. 21,00,000/- as an insurance agent from insurance company. Will he be required to charge GST on the same.
08 April 2020
Insurance agent commission falls under reverse charge u/s 9(3). So companies have to pay GST on agent's behalf and this si the same excuse they give to agent while deducting GSt from agent's commision.
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