Commission contract for sales, marketing of product of UK
This query is : Resolved
23 December 2021
Hi All
One of my clients had entered into the contract for sale of membership of coaching programme with the company located in UK for around 20000 pounds yearly.
Whether he has to take GST registration for the same? what other tax compliances he has to do?
Thanks in advance.
One of my clients had entered into the contract for sale of membership of coaching programme with the company located in UK for around 20000 pounds yearly.
Whether he has to take GST registration for the same? what other tax compliances he has to do?
Thanks in advance.
25 December 2021
It will fall under intermediary services. As service value exceeds 20 lacs GST registration required.
GST payable under forward charge.
GST payable under forward charge.
03 January 2022
Suppose in the same contract, if he is supposed to pay intial licence fees to the company around 5000 pound, what TDS rate will be applicable? Whether GST will be applicable on the same under reverse charge?
He is currently not registered under GST.
He is currently not registered under GST.
03 January 2022
No TDS and GST RCM applicable on such payment.
03 January 2022
Dear Sir
Why TDS wont be applicable?
Thanks in advance.
Why TDS wont be applicable?
Thanks in advance.
03 January 2022
No TDS applicable on payment to Non resident which is not taxable in India.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- Should I report my US salary for January, February, March in Schedule FA?
- Can a partnership firm become partner in a LLP ?
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- TDS on purchase of value vouchers for employees ?
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
Trending Online Classes
CAclubindia
