Insurance commission

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3 Points Posted on 04 September 2020
In which column mentioned insurance commission in gstr3b
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On 04 September 2020 at 13:22 Report
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This discussion clarifies the treatment of insurance commissions within GSTR-3B. It explains that insurance commission falls under the reverse charge mechanism, meaning the recipient is liable for the GST. However, for insurance agents, this is considered an exempt supply, and the relevant column to reference is 3.1(c).

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1102 Points Posted on 04 September 2020
Insurance commission is covered under Reverse charge , Soo GST liability will upon receiptant... for insurance agent it is exempt supply....
show column 3.1(c)
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On 04 September 2020 at 13:52
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3 Points Posted on 04 September 2020
Thank you
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On 04 September 2020 at 13:53

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