A company is having revenue of Rs. 80L by way of commission....
Does it require to be registered under GST???
And What will be consequences as because it does not issue any bill to its principle and neither purchase any thing but on a contract basic it gets revenue by selling of principles services????
pls reply
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Commission
Replies (2)
what kind of service is provided by that company to earn commission?
if it's agency business then compulsory registration irrespective of revenue earned...
if it's agency business then compulsory registration irrespective of revenue earned...
Actually they have contacted to PNB insurance from there they generate revenue by selling contracted insurance policy
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