05 December 2020
SIR ONE OF OUR CLIENT RECEIVED AGENCY COMMISSION IN FOREIGN CURRENCY FROM FOREIGN SUPPLIER FOR AGENCY SERVICE RENDERED IN INDIA. PLEASE LET ME THE SAME WAS LIABLE FOR GST. WHETHER LIABILE FOR GST WHAT IS THE SAC CODE. PLEASE CLARIFY
05 December 2020
Yes, it's intermediary service liable for GST. Services Accounting Codes (SAC Codes) 99859 is used for the Other support services under Goods and Service Tax classification.
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