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IS RCM APPLICABLE FOR POST OFFICE AGENT

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10 September 2023 Hi All,
one of my client is working as an post office agent and he receives commission the commission received in this F.Y. will be crossing the limit of 20 Lacs my query is RCM applicable to post office agent as applicable to LIC, mutual fund agent is there any formality to be followed

Thanks in Advance

11 September 2023 RCM not applicable. But, If cross threshold limit then required GST registration.

16 September 2023 As per 9(3) of gst act RCM is applicable to individual Direct selling agents n post office agents are also an direct selling agents so RCM will be applicable to them also




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