commission recived

193 views 5 replies
Sir
I recived commission from sugar mill

My total commission income is only 5 lac
and
sales turnover is 5 Cr
is gst applicable on it
how I treat it
Replies (5)

Yes, GST is mandatorily levied over commission income on forward charge.

how it considered
I can deposit gst under RCM

You are supposed to charge 18% GST over your commission value, and deposit the same to treasury.

I deposit and take ITC under RCM

You can take ITC over the GST paid, there is no question of RCM.


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