Dear All,
I am representing some Foreign companies for Marketing their product in India & SAARC region. Kindly advise:
- Has a GST INVOICE for entire commission to be raised on finalisation of the buyer's PO and ADVANCE payment ? or ONLY on the ADVANCE payment ? The terms of my contract with my principals - foreign is that I can invoice based on payment schedule.
- What will be the GST chargeable - % ?
- What is the type of GST - CGST + SGST or IGST
- What will be the HSN code - for "commission on sales"
- For sales done in SAARC nations other than India what would the billing method to be used ?
Thanking you all in the assistance that I await from you.
Regards,
Ashok Dias
CAclubindia
