GST ON COMMISSION INCOME
Query (Issue) Started By: – Deepak Gupta Dated:- 31-7-2018 Last Reply Date:- 3-8-2018 Goods and Services Tax – GST
Got 5 Replies
GST
I AM REGISTERED PERSON UNDER GST AND MY ANNUAL TURNOVER IS MORE THAN 20 LAKH.
IN MAR 2018 I HAVE RECEIVED COMMISSION ON SALE OF GOODS OF OTHER REGISTERED PERSON.
IS GST APPLICABLE ON COMMISSION INCOME ?
IS IT MANDATORY FOR ME TO ISSUE INVOICE ?
IS I AM LIABLE TO PAY INTEREST/PENALTY ON THAT COMMISSION IN PRESENT GST RETURN
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