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Gst on Incentives from Publication, Goods and Services Tax - GST |
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Gst on Incentives from Publication |
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Dear Sir Please clarify regarding Incentives given by Publication ti news paper agency and what is the rate of GST to be chargeable and what is rate of TDS to be deduct Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
Pl.elaborate your query. I think you are getting commission. Pl.confirm
Sri Sethi's contention is correct. It is commission only. The news agency is to claim the commission and to charge GST if his turnover is exceeding the threshold limit. The publication is to pay commission with GST for which it can take input tax credit. The TDS is as per the prevalent rate in income tax act. Page: 1 Old Query - New Comments are closed. |
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