whether it is compulsory to take registration in Gst for commission agent
or
whether there is threshold limit
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Registration for commission agent
Replies (4)
Quick Summary
For services limit is 20,00,000 rupees and for goods limit is 40,00,000 rupees
As per section 24(vii) of the CGST act 2017 , person who make taxable supply goods or service on behalf of other taxable person as an Agent , registration is Compulsory , irrespective of the Turnover .
please confirm with others also .
please confirm with others also .
Yes you're right prasad.
Any person who falls under the definition of an agent is required to obtain GST registration. The threshold limit condition for registration does not apply to commission agents. So, a person is required to obtain compulsory registration once he falls under the definition of an agent as mentioned above.
Any person who falls under the definition of an agent is required to obtain GST registration. The threshold limit condition for registration does not apply to commission agents. So, a person is required to obtain compulsory registration once he falls under the definition of an agent as mentioned above.
A Commission Agent is required to obtain Compulsory Registration u/s 24(vii) of CGST Act, irrespective of its turnover. Thus, the threshold limit of Rs.20 lakh as enunciated in section 22(1) of CGST Act, does not apply to an Agent.
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