Gst on commission from restaurant

378 views 2 replies

Mantosh Singh

8 Points Joined August 2017

We are working on a portfolio where we recd commission from restaurant. now we need some clarity which can help us to do business

1. Can restaurant take input credit of the GST amount which we have charged them in lieu of commission ?? as restaurant is restricted to take ITC as per GST laws

2. Who is the responsible to pay GST ??? Our Company as we taking commission or the restaurant who are giving commission ???

3. what is the turn over limit for business whose having all income in commission.

4. we are e-commerce portal for food lovers (just like zomato as they are giving deliveries and we are selling coupons for dine-out at restaurants kindly do the needful

Replies (2)

Dhirajlal Rambhia

SEO Sai Gr. Hosp.

210800 Points Joined July 2016

1. No ITC available to restaurants.

2. Service provider, i.e. your company.

3. For commission income, no basic exemption limit.

4. For E-com check RCM liability, mandatory registration liability etc.

pritesh

CA Final student

7106 Points Joined April 2018

1) No.. since they are paying tax at concessional rate i.e 5%
2) you are required to raise commission invoice and pay tax
3) no..there is no limit you are compulsory required to register under gst