1.Is reverse charge applicable on Insurance Co. ?
2.What if an Insurance Co. pay commission say 10000.00 to its agent, Is Co to pay 18% under RCM?
3.Does agent have to get itself registered under GST?
4. What if co say, as per term they bear 7% and deduct 11% from agent... is it justified??
1. Yes.
2. Yes
3. No
4. As per contract!!
THANKS sir
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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MANUJ SHARMA AND COMPANY
Noida
CA Inter
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CA Suraj Garg & Associates
New Delhi
CA Final
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CCI
Pro
CAclubindia
