SALES COMMISSION rcm invoice

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23 Points Posted on 12 July 2022

I HAVE TO RECEIVE 1,00,000/- USD DOLLORS  AS SALES COMMISSION HOW WILL I MAKE INVOICE ? BASIC      -  72000 RCM 18% - 18000 TOTAL    - 100000

OR

BASIC   1,00,000/- RCM        18,000/-

 

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On 12 July 2022 at 14:02 Report
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Quick Summary
This discussion addresses how to create a sales commission invoice for $100,000 USD, specifically when Reverse Charge Mechanism (RCM) GST is involved. The user is seeking clarification on the correct way to break down the invoice, questioning whether the £100,000 is the total including RCM or just the basic amount before RCM is applied.

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5 Points Posted on 12 July 2022
84746 basic plus gst 15254
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On 12 July 2022 at 19:25
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Chartered Accountant
86505 Points Posted on 12 July 2022
Basic 100000
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On 12 July 2022 at 21:12

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