Dear Experts
I have received a bill for brokerage from my agent a sum of Rs 4,00,000/- in month of March-2018 for FY 2017-18. Agent is unregistered person.
My query is as I am a registered individual in GST than I will have to pay GST under reverse charge mechanism....?
Kindly solve this query.
Thanks
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Replies (3)
For period upto 12-10-2017 you need to pay on reverse charge when supplies is recived from unregistered supplier and from 13-10-2017 you are not required to pay.
U have to book such supply as exempted inward supply
thanks a lot
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