My friend runs a DSA business for various banks and earns a good commission. However, he has office expenses to manage. The banks pay his commission after deducting 18% GST and 5% TDS. Can he get a refund of the deducted GST, and what is the process for this? The significant deductions are causing a shortage of funds for his other office expenses.
Menu
How Much GST can return deducted by Bank on DSA Commission
Replies (1)
As such no, unless he can claim GST paid (ITC) over his expenses.
Recent Topics :
- Difference between AIS and 26AS data.
- Applicability of FCRA to Article Processing Fees (
- GST Return
- Practical queries on buy back of shares
- Any faculty recommendations for latest batch recor
- FAI & FAST-DS 2026 query
- Is GST registration mandatory in this case
- Buying a residential flat in Goa: should my wife b
- Income tax filling
- Applicability of RCM in the case of import of serv
Related Topics :
CAclubindia
