Munaf (Accountant & Tax Consultant ) 29 February 2020
I have one confusion in Road transportation agent service
Transport agent is received freight rs 100000 from company on behalf of tuck owner and transporter paid 25% payment petrol pump, 25% cash (truck driver), 50% transfer to truck owner's account . In this service he is received rs 1000 commission.
Please clear gst liability on transport agent
Pankaj Rawat (GST Practitioner) 01 March 2020
As it's not cover under the pure services.
So as per Section 15 of CGST Act , Agent need to raise bill for transportation Services to Company & in term of Notification 12/2017CT (r) , transportation of goods by road is Exempted.
The Truck owner will raise bill to you.
Yes , the commission charge is taxable , so GST Applicable on the commission reced.