Gst on commission

Others 236 views 3 replies

Gopal

Accountant

23 Points Posted on 13 September 2018

I am a estamp agent received commission about 4 lakh yearly . my company (stock holding -a government undertaking ) deducted gst &tds on my commission and pay balance to my bank account. I take refund of tds by filling itr every year. my question is that can I take refund of gst by takeing gst number and provide to company or filling return? my income is below taxable limit. I said to company to not deduct gst on commission but company still continue to deduct gst. please suggest me what would I do? can company deduct gst from my commission income under reverse charge ?

Replies (3)

Rohit Tibrewal

Student

3193 Points Posted on 13 September 2018

They can't deduct and as well as you can't claim the input, just talk to company that, If you are making payments of RCM you are also eligible for input tax credit of the same, then why you are deducting the same from me.

Please explain the process for which you are receiving the commission.

Gopal

Accountant

23 Points Posted on 13 September 2018

I am a non judicial e stamp agent working for stock holding company. In return i receive commission on value of stamps passing from my code like other - insurance agents. I only bring customer to company and receive commission. my commission rate is 0.10% from which company first deducted gst & after tds or balance pay to me. now Sir I ask that this procedure of company is right? & can I take gst number? can I take refund / credit of gst deducted? I have no income except this commission. what type of supply the commission is treated ( inward/outward )?please assist me. thanks for replying me Sir.

Rohit Tibrewal

Student

3193 Points Posted on 13 September 2018

Here you are providing the service on commission, just ask why GST deductible from you. When you are unregistered service provider, if they want to pay GST they need to from their self.