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GST turnover
If Principal supply goods through agent then in whose turnover such value of turnover is included...?
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GST is mandatory for agent commissions irrespective of the threshold of the annual turnover i.e. threshold of Rs 20,00,000. The tax is applicable on any income earned as a brokerage or commission. On commission services, the applicable rate of GST is 18%
Sir... I want such turnover included in whose turnover....? Either agent or principal
Definitely Principal
But note that this forum is for income tax related queries. Please Post your query on GST forum. Regards
But note that this forum is for income tax related queries. Please Post your query on GST forum. Regards
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