RCM ON BROKERAGE COMMISSION

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MANAGER FINANCE
26 Points Posted on 18 July 2020

Is rcm are applicable on sub broker commission. 

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On 18 July 2020 at 09:11 Report
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This discussion explores the applicability of the Reverse Charge Mechanism (RCM) to commissions paid to sub-brokers. It clarifies that RCM is generally not applicable to brokerage commission. The applicability depends on the specific nature of the transaction and the type of commission being paid.

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776 Points Posted on 18 July 2020
RCM is not applicable on Brokerage Commission.
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On 18 July 2020 at 12:17
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48 Points Posted on 18 July 2020
What kind of commission was given ? please specify the nature of transaction. Accordingly RCM applicability will be decided
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On 18 July 2020 at 21:00
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MANAGER FINANCE
26 Points Posted on 18 July 2020

Commission paid to sub broker or franchisee. 

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On 18 July 2020 at 21:24

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