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Gst on commission

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Direct Tax
136 Points Posted on 12 October 2018

We have sold certain products through agents. We have to pay commission to them . Will we add gst to the commission amount payable to them. Pl clarify

 

 

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On 12 October 2018 at 14:59 Report
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28 Points Posted on 12 October 2018
if the agents are registered under GST they will issue their commission invoices with GST , and you can claim ITC for the same. if unregistered agents ,then they will issue invoices without charging any GST. in any case you cannot add GST and make payment.
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On 12 October 2018 at 15:27
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Direct Tax
136 Points Posted on 12 October 2018

is there any basic exemption till which i am not required to charge gst in case i am paying commission????

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On 12 October 2018 at 17:45
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Student
3193 Points Posted on 12 October 2018
No such @ mona you need to deduct TDS only as per IT Act, 1961.

Broker need to raise the invoice for commission
24 Reply
On 12 October 2018 at 18:17
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28 Points Posted on 13 October 2018
according to the latest notification the agent's turnover is considered to be the amount involved in the sale of goods.. hence he is liable to take GST registration and charge GST (if total sales value exceeds 20 lakhs for all his commission transactions in a year for all the customers/clients).
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On 13 October 2018 at 12:32
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7059 Points Posted on 10 August 2019
good clarification and information
33 Reply
On 10 August 2019 at 10:39


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