APPLICABLE OF GST OR NOT
Synonymous (Accountant ) (156 Points)
05 December 2017Is there any GST on foreign commission income earned by a company in India. If yes, then what is the GST rate for that?
Amt earned is in USD. Please let me know ASAP...
Synonymous (Accountant ) (156 Points)
05 December 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(170790 Points)
Replied 05 December 2017
Depends upon the service area.
If the commission received is for any services provided in INDIA, IGST will be applicable at 18% rate.
Synonymous
(Accountant )
(156 Points)
Replied 15 December 2017
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)