TMI BlogCommission Income from Foreign entity for arranging businessX X X X Extracts X X X X X X X X Extracts X X X X ..... My client have received Commission in US$ for arranging business connection between two parties both in foreign. Subsisting agreement available with the supplier of goods (foreigner). Pl advise on applicability of GST on above transaction. Also Which GST ? IGST or SGST/CGST? Thanks - Reply By CASusheel Gupta - The Reply = It shall fall under definition of intermediary services and POS sha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll be location of supplier u/s 13(8) i.e. Inida, hence subject to GST. Need to charge IGST as per section 7(5)(c) of IGST Act . (Other opinions also required) CA Susheel Gupta 9811004443 - Reply By KASTURI SETHI - The Reply = IGST is payable. I support the views of Sh.Sushil Gupta, C.A. - Reply By Balakrishnan Ramalingam - The Reply = Thanks sirs, But can we claim the same of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Export of Service and claim 'zero rated tax' by giving LUT or alternatively pay IGST and claim refund? - Reply By KESHAV GROVER - The Reply = Sir, The reply given by the above two learned experts is absolutely correct.Please go throght the definition of the intermidiary as given in the IGST Act and take decision. - Reply By KASTURI SETHI - The Reply = With reference to query no.3 date ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d 16.3.19 of the querist, here is the decision of AAR: 2019 (20) G.S.T.L. 494 (A.A.R. - GST) = 2018 (12) TMI 227 - AUTHORITY FOR ADVANCE RULING, MAHARASHTRA IN RE : VISHAKHAR PRASHANT BHAVE - Reply By Balakrishnan Ramalingam - The Reply = Thank you sir - Reply By CASusheel Gupta - The Reply = Thanks Sir - Commission Income from Foreign entity for arranging business - Query S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tarted By: - Balakrishnan Ramalingam Dated:- 15-3-2019 Goods and Services Tax - GST - Got 7 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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