If a proprietor (registered under GST) receives commission for sale of products from other party. Should proprietor issue a GST invoice for commission. Though the other party has charged TDS.
If commission is exempted or do it has a threshold limit.
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Gst on commision
Replies (3)
Quick Summary
Yes, GST is to be charged on commission at rate of 18%.
If a person registered under GST charges commission for transaction which is not his normal business then also GST is applicable.
If a person registered under GST charges commission for transaction which is not his normal business then also GST is applicable.
Yes, on Commission Gst will be applicable @ 18%, and prop. have to issue invoice for same.
Agriculture Commission is exempt, beside this every commission will be taxable
Agriculture Commission is exempt, beside this every commission will be taxable
GST rate on commission is 18% except Commission received in agriculture.
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