I am a broker. I take brokerage or commission from the manufacturers and traders for selling their goods. But I don't purchase the goods actually. Invoice is issued by manufacturer or dealer directly in name of actual purchaser and goods are sent to purchaser directly. I don't receive goods on consignment.
Shall I require to get register under gst compulsorily as an agent or not?
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Gst registration is compulsory?
Replies (1)
Yes if your turnover is above the threshold limit which is 20 lakh then you are compulsory to register in GST regime.
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