GST Charges on supply

Hi Tanuja,

The services provided by you looks like services of E Commerce operator under GST.

Lets take an example:

If the value of services provided through your platform is 1lac and lets say applicable gst rate on the said service is 18%. So total Invoice value is 1.18lacs

Now lets say your commission is 5k and GST 18 %(900) on commission. So total 5.9k

Please note that TCS shall be deducted at 1% if not falling under specified services category mentioned in 9(5) of CGST Act, 2017.

Now when you are paying to service provider you may deduct 5.9k and TCS 1% which is 1k. Net amount payable to service provider is 1.111lacs.

Hope this helps

Thanks
Bhavana K L
Chartered Accountant
Bhavana @ lbkca.in

Hii Bhavana K L. Thanx for your reply. but  in our case we use website for lead generation. client does not book through our website only 10% of customer book through online portal. so in this case whether this service provided by us or the ultimate service provider.

 

Note:- All service provider are unregistered