Dear Sir/Madam,
I am working as a commisson agent for a company in Europe.
I help them in selling the product in India. They submit the offer, Customer place the order on Principle directly. Principle supply the goods & collects the money. In return they pay me commisson on it.
Now under export of services
- Export of services’ means the supply of any service when,–
- the supplier of service is located in India; - Yes I am located in India
- the recipient of service is located outside India; - Yes the company is located in Europe
- the place of supply of service is outside India; - Yes I supply service to priciple not to customer in India.
- the payment for such service has been received by the supplier of service in convertible foreign exchange; and--- Yes they pay in EURO
- the supplier of service and the recipient of service are not merely establishments of a distinct person in accordance with Explanation 1 in Section 8 of IGST Act - Yes we are not related.
So should i required to pay GST on commission i receive from them or submit letter of undertaking to tax authority?
Regards
Yogesh