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COMMISSION PAYMENT, Goods and Services Tax - GST

Issue Id: - 114300
Dated: 5-11-2018
By:- nandankumar roy
COMMISSION PAYMENT

  • Contents

WE ARE PAYING COMMISSION TO PARTY AS A SALES COMMISSION : PARTY IS NOT REGISTERED TO GST AS THEIR ALL TRANSACTION WITH IN TURNOVER LIMIT 20 LACS CITERIA

1ST PARTY INTRA STATE AND PAYING 7 LACS

2ND PARTY INTERSTATE AND PAYING 9 LACS

WHAT WILL BE IMPACT ON TRANSACTION IN GST REGIME AND WHETHER ANY LIABILITY ARISE IN FUTURE WITH US . PL HELP REGARDING THIS MATTER WHO HAVE CLEAR IDEA AND ADVANCE THANKS.

N K ROY

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Posts / Replies

Showing Replies 1 to 5 of 5 Records

1 Dated: 10-11-2018
By:- Nandan Khambete

No impact in GST till 30.9.2019 as RCM for 9(4) CGST is deferred till 30.09.2019.


2 Dated: 14-11-2018
By:- DR.MARIAPPAN GOVINDARAJAN

If your threshold limit is increased then definitely it will have an impact.


3 Dated: 19-12-2018
By:- mohan sehgal

What is the scene when the commission receiver has aggregate commission received for the full financial year is 8 lakhs and he is also doing retail business of Trading where his annual turnover is more than ₹ 20 Lakhs and he is registered under GST.

Whether he has to raise Bill for commission received ₹ 8 lakhs and charge 18 % GST.....as i understand the turnover shall be clubbed for both the services rendered and trading of goods;which are both in his legal name.


4 Dated: 20-12-2018
By:- mohan sehgal

POLITE REMINDER TO RESPOND<<DEAR EXPERTS.

THANKS.


5 Dated: 20-12-2018
By:- DR.MARIAPPAN GOVINDARAJAN

The turnover should be clubbed. Invoice is to be issued for commission claiming GST


1

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