Goods and Services Tax – Started By: – Dinesh Biyanee – Dated:- 24-3-2018 Last Replied Date:- 26-3-2018 – if a person receives commission less than 20 lacs during a year will need GST registration or not.will he be considered as pure agent ? – Reply By KASTURI SETHI – The Reply = (i) No registration required. (ii) Whether a commission agent is pure agent or not, it depends upon terms and conditions of contract/agreement . However example C & F Agent, CHA etc. are pure agent. Rule 33 of CGST Rules, 2017 also prescribes the procedure for transaction in which a person acts as a pure agent for a principal for certain services supplied to the principal through third party. Although, supply by principal and agent or vice versa inter se is tr
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– (a) enters into a contractual agreement (whether written on otherwise) with the recipient of supply to act as his pure agent to incur expenditure or costs in the course of supply of goods or services or both; (b) neither intends to hold nor holds any title to the goods or services or both so procured or provided as pure agent of the recipient of supply; (c) does not use for his own interest such goods or services so procured; and (d) receives only the actual amount incurred to procure such goods or services. – Reply By Alkesh Jani – The Reply = Sir, for my knowledge purpose, please clarify above raise issue by pursuing Section 15(2)(b) & (c) of the CGST Act, 2017. Regards, – Reply By KASTURI SETHI – The Reply = Section 15 (2) (b) &
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