Gst on Commission earned

208 views 7 replies
User Avatar

student
63 Points Joined January 2014
Hi, if a person is registered under gst and doing normal business of sale and purchase of goods, and he received commission of 1 lakh rs then whether he needs to charge gst on that 1 lakh commission or not?
0 Reply Share Follow
On 14 May 2021 at 23:04 Report
Replies (7)
User Avatar

Practising CA
8944 Points Joined December 2013
Yes. Gst to be charged @ 18%.
Reply
On 15 May 2021 at 00:48
User Avatar

Chartered Accountant
24588 Points Joined November 2019
Yes GST will be applicable @ 18%
Reply
On 15 May 2021 at 06:11
User Avatar

student
63 Points Joined January 2014
Thanks
Reply
On 15 May 2021 at 08:29
User Avatar

Chartered Accountant
24588 Points Joined November 2019
Your welcome
Reply
On 15 May 2021 at 09:53
User Avatar

Direct & Indirect Taxation professional
110 Points Joined April 2010

Commission Receiver has to issue GST Invoice for charging Commission and GST will be Applicable

Reply
On 15 May 2021 at 11:30
Guest
Business auxiliary service @ 18%
Reply
On 15 May 2021 at 16:36
User Avatar

Legal Services
172 Points Joined July 2017

Commission earned from APMC (AGRICULTUR PRODuce Market Comm) 

Reply
On 16 May 2021 at 17:09


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading