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Commission income
My clients have received agency commission from mutual funds companies and LIC. Total commission is less than 20 lacs in toto. Di i have to register under GST for the same. please someone help
Replies (2)
No, as your turnover is below 20 lakhs then you are not required to register under GST.As assesse having turnover above 20 lakhs are required to register under GST.
i am in Rajasthan, some of the mutual fund co's paying commissoin are in mumbai, than what will be the scanario....does that not amount to inter state supply of service...please confirm
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