Commission Income: GST Applicable

Assessee is earning commission from IT Companies.

He is also having Business & Rental Income, turnover is more than 2 crores.

Whether GST is need to be charged on Commission Amount??

Please reply
Replies (7)
Quick Summary
This discussion clarifies whether GST is applicable on commission income earned from IT companies. Given the assessee's overall turnover exceeding 2 crores and having other business and rental income, GST is indeed applicable on the commission amount. This is because the total turnover is above the threshold limit, and any income received in the nature of supply is subject to GST if the person is registered.

Yes. GST will be applicable on Commission amount as the overall turnover is above threshold limit.
Ok thanks
Yes GST is applicable

If the person is registered and he is receiving any income in the nature of supply GST is applicable. Therefore GST will be charged on the commission

Your welcome
Agreed
Thank you

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register