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GST implication on network marketing agents
sir, I would like to know whether sec 9 (4) latest amendment applicable to direct selling/ network marketing agents. ie., is it necessary to take GST registration by a direct selling agent.. please clarify
Replies (5)
As on the date sec. 9(4) CGST has not specified the service by netmarketing agents to their MLM companies, so the present stand is once you have crossed 20 lakhs facilitation fees, registration is mandatory.
still there nothing goods or service has been notified in sec9(4)
thanks for the information sir..
Direct selling Agent Services cover Under Section 9(3) & RCM is applicable.
As per Notification 15/2018 CT (r) : Services supplied by Individual DSA to Banking & Non banking financial co. , the recipient is liable to do RCM .
Note : DSA shall be Proprietary Firm (Individual)
As per Notification 15/2018 CT (r) : Services supplied by Individual DSA to Banking & Non banking financial co. , the recipient is liable to do RCM .
Note : DSA shall be Proprietary Firm (Individual)
this was my query...dear Pankaj sir..
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