A Commission agent earned Rs. 21 Lakhs commission from Mutual Fund and 25 lakhs commission from LIC India for FY 2021-22 but due to unawareness not registered under GST.
Whether he need to take GSTIN and pay tax for FY 2021-22?
Whether GST applicable in LIC Income (LIC deduct 5% TDS only from commission)
CAclubindia
