31 May 2021
dear sir, i am receiving income as brokerage.should i apply for gst no.and i have to pay gst ?also advice please is gst apply for payment of brokerage to person who has no. gst no. with thanks
31 May 2021
GST registration required and pay GST only when total brokerage exceed 20 lacs. No GST payable to person having no GST number GST at 18% is applicable to all taxable value of supply provided by an agent, including the sale/purchase of advertising space/time. Following are some of the services provided for a fee/commission or on a contract basis: Sale of land/building.
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