Menu
GST on Commission in real estate
whether GST registration will be required when I have total commission exceeding 20 lakhs?
Replies (4)
Yes if you have turnover RS 20 lakhs the GST registration is compulosry for any service or goods provider.
Yes you have to charged 18% on Bill
and you can claim Full ITC ...
Thanx for reply.but how can I take ITC..real estate company is paying commission to me on which TDS is applicable u/s 194H...I m not issuing any invoice... commission is directly credited to my bank account.
if your turnover exceeds Rs. 20 Lakhs then u have to registered in GST Act and If you are providing Inter State Service means you are from Delhi and Selling Property in Ghaziabad or any other State then you have to registered under GST Act as it is complusory
Recent Topic
- Subscription/Membership fees
- Inverted tax gst refund
- Mismatch of pincode and district while registering
- Total income less than 12 lakhs but after processi
- Is Getsvision Solutions right for SMTP bulk email
- Queries on Stock/ETF gifting.
- Adding bank account for the deceased for ITR refun
- SALE OF EQUITY ON THE LAST DAY OF THE FY 2024-25 N
- Which ITR form
- Form 103 id delayed for submission for more than 1
Related Topics
CAclubindia
