Insurance Commission Received whether taxable or not under GST?? He is also doing sale of taxable supplies.

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..... Sir Insurance commission received whether taxable under GST or not???? He is also doing sale of taxable supplies... - Reply By CAVenkataprasad Pasupuleti - The Reply = It is liabl .....

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..... e for GST and only premiums for certain policies is exempted from GST. - Reply By Ganeshan Kalyani - The Reply = Yes, insurance commission is liable to GST subject to threshold limit of taxability. .....

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..... - Reply By Rachit Agarwal - The Reply = Insurance commission is liable to GST under reverse charge. The Insurance company will discharge the tax on the commission paid to Insurance Agent under rever .....

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..... se charge pursuant to Notification No- 13/2017 dated 28.06.2017 . Hence there will be no liable to discharge GST on Insurance Agent. However for the purpose of computing the turnover, the insur .....

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..... ance commission received would form part of the turnover - Reply By amit mamgain - The Reply = hi Sir , Need a clarification . Can insurance deduct GST from the commission paid to the insurance ag .....

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..... ent? Thanks Amit - Insurance Commission Received whether taxable or not under GST?? He is also doing sale of taxable supplies. - Query Started By: - Rajendra Prasad Dated:- 18-3-2020 Goods and Se .....

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..... rvices Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindi .....

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..... a.com - TMI - TaxTMI - TMITax .....

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