Menu
Exempt or taxable
whether commission received for service rendered to govt for tax collection is taxable or exempt? if yes under which entry?
Replies (5)
It is taxable, Commission received is treated as indirect income.
Gst applicable or not?
GST will be applicable with rate of 18%, You can calculate GST on this transaction as reverse calculation.
Yes GST is applicable on Commission
Its supply of Taxable services cover under Section 7 of CGST , hence GST is applicable
Recent Topics :
- Invoice made but goods not sent
- How Do CA Firms Manage Client Document Collection
- How do CA firms manage pending client documents du
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
Related Topics :
CAclubindia
