Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Selling commission GST liability

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Experts, As per the CGST Act Sec 9(3) selling Commission paid to a person in the taxable territory who has falls below the threshold limit is to be covered under RCM ? Else exempt upto Sep 2019 as per Notification.Pls advice. - Reply By Ganeshan Kalyani - The Reply = RCM is not applicable w.e.f.13.10.2017 on inward supply of goods or services or both from a person not registered und .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... er GST. Now , that provision u/a 9(4) is rescinded. Hence, if the selling agent is not registered under GST then RCM is not applicable to you. Also, the said service is not falling under 9(3) . Further, if that agent is registered then he will charge GST on the invoice. - Reply By raghu raghu - The Reply = commissions also taxable, - Reply By Ganeshan Kalyani - The Reply = If the commissio .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... n of the agent crosses the threshold limit then he has to register under GST. Commission is a taxable service. - Reply By YAGAY andSUN - The Reply = Our views are also at par with our Experts. - Reply By KASTURI SETHI - The Reply = Commission agent is covered under Section 24(vii) of CGST Act for the purpose of compulsory registration. - Reply By Muthukumar Muthunarasimhan - The Reply = .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dear Experts, Thanks for all those who responded to my query regarding the applicability of GST on selling commission under RCM. I understood that irrespective of the Turnover a person who has received a selling commission then he has to compulsorily register under the Act and collect the GST and pay. - Selling commission GST liability - Query Started By: - Muthukumar Muthunarasimhan Dated:- .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 20-8-2019 Goods and Services Tax - GST - Got 6 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

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates