This discussion clarifies the Goods and Services Tax (GST) rate applicable to sales commissions, which is 18%. It also identifies the relevant Service Accounting Code (SAC) as 998312. The user is seeking guidance on these specifics for invoicing purposes and requests a list of HSN/SAC codes for future reference.
28 May 2024
I need to raise an invoice for sales commission. What is the rate of GSt applicable on commission? Is there any HSN code which I need to mention on the invoice? Please guide.