hvg commission as luc agent abv 20lacs
wt to do ? gst applies or nt ? if yes then how? plz guide
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LIC AGENT COMMISSIONS
Replies (4)
What's the commission earned annually.
As per the notification 13/2017 dated 28/6/2017 entry no 7 , In case of Insurance commission Agent GST payable under RCM , by LIC . Just consult with your LIC branch office.
Take others opinion as well.
Take others opinion as well.
Gst is payable under RCM. but since aggregate turnover is above 20 lakhs. have to take gst registration.
Yes I agreed with Mr Prasad Nilugal reply.
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