Dear Experts,
For Example – S enterprises want to sell their Machinery for this purpose they hire a Mr. A & give him the task to find a suitable buyer. Mr. A finds & brings K enterprises a suitable buyer that is looking to buy machinery. Mr. A facilitates the whole transaction and charges commission for his services.
In this case, there are three Parties involved S enterprises, K enterprises & Mr. A.
The main supply is the Sale of Machinery. Supply of service provided Mr. A is providing intermediary services as he was merely arranging or facilitating the supply of Machinery.
A issued Invoice Mr. S Value Rs.3,50,000/- + GST @ 18%
Mr.S Ask (TDS Applicable or not) If applicable under which section pls share your suggestion any related notification or circulars...
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