GST – COMMISSION INCOME
Query (Issue) Started By: – NAREN KHATRI Dated:- 21-3-2018 Last Reply Date:- 22-3-2018 Goods and Services Tax – GST
Got 8 Replies
GST
Registered Under GST.. and regularly filed return etc.. now received commission from unregistered person from selling their goods directly.. having only commission note.. now what is treatment under GST.. Whether any GST liability arise or not..or.. any other else..??
\nReply By KASTURI SETHI:
\nThe Reply:
\nGST is payable if you have crossed threshold exemption limit of ₹ 20 lakhs\/10 lakhs.
\nReply By Alkesh Jani:
\nThe Reply:
\nSir, my point of view is that as you are registered with GST and filing the return than you are liable for payment of tax under GST. However, all c<\/p>\n
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Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n o some other persons(Third party\/parties) directly (i.e. without bringing the same into your premises and without accounting for in your account) and got commission from unregistered person. You supplied the goods directly to third party\/parties. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" GST – COMMISSION INCOME Query (Issue) Started By: – NAREN KHATRI Dated:- 21-3-2018 Last Reply Date:- 22-3-2018 Goods and Services Tax – GSTGot 8 RepliesGSTRegistered Under GST.. and regularly filed return etc.. now received commission from unregistered person from selling their goods directly.. having only commission note.. now what is treatment under GST.. Whether any … Continue reading “GST – COMMISSION INCOME”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11029","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/11029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11029"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/11029\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n Is it correct ? Will you please elaborate your query further ?
\nReply By Ganeshan Kalyani:
\nThe Reply:
\ndear khatri sir, do you mean to say that you are a clearing and forwarding agent. your principal supplylies goods and you are supplying it under the instruction of your principal and you get commission for that. is this arrangement correct ?
\nReply By NAREN KHATRI:
\nThe Reply:
\nYes Kasturi Sir ji..
\nThe goods direct delivery to party.. we just received only commission note towards mutual discuss<\/p>\n
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