Since, Inter Company Commission is falling under Intermediary Services hence GST is attracted on the Taxable Services and needs to be discharged accordingly. In this context, one GST Registered Indian legal entity receives Inter Company Commission from it's Associated Enterprises on account of goods shipped to their customer. Indian Entity Raises GST Invoices re # Commission Services with Charging 18% GST.
Here my question is - Since the foreign entity raises Credit Note on Indian entity towards this Commission, my question is Do they need to add 18% GST as well or Just need to raise Credit Note for Gross amount considering both total commission and applicable GST Amount.?
CAclubindia
