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Textile Agency sub commission
A Textile agency share commission income to another person doing work for him but that person not registered in GST because his income less then 20 lac and textile Agency is registered in gst can agency give commission in rcm ?
Replies (2)
Commission agent is liable to register with out threshold limit
Sec 24 (vii) states that every agent should take registration in GST without any threshold limit of 20lakh.
Further Sec 2(5) states the meaning of Agent as Any person who carries on the business of supply/receipt of goods/services on
behalf of another.
Further Sec 2(5) states the meaning of Agent as Any person who carries on the business of supply/receipt of goods/services on
behalf of another.
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