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GST on Commission from real estate company.
Real estate company is paying commission to me on which TDS is applicable u/s 194H...I m not issuing any invoice... commission is directly credited to my bank account.My commission is more than 20 lakhs.is registration required? how I can take ITC.
Replies (1)
TDS deducted is as per Income tax act .........not as per GST act........
So, you are required to get registered under GST and charge 18% GST to the real estate company.
From the output GST collected you can take itc if any input credits.......
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