An Individual person who is a trader is registered under GST also having DSA code in Banks , thn who will be responsible for GST payment for that commission recepit.. Either registered person or Bank under RCM??
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Quick Summary
This discussion clarifies who is responsible for paying GST on commission received by an individual trader holding a DSA code from a bank. It questions whether the registered trader or the bank, under the Reverse Charge Mechanism (RCM), should bear the GST liability. Based on Notification 13/2017, services provided by recovery agents to banks fall under RCM, suggesting the bank may be liable for the GST on the DSA commission.