Brijesh S (Student ) (70 Points)
15 March 2019Dear Experts,
Query: Mr. X a garment trader registered under GST as a proprietor (Individual PAN) , has received commission from another industry or same industry. Is Mr. X liable to charge GST on said commission income?
Please Note: The said Commission Income is not a business activity and is a one of transaction during the year disclosed as Income from Other Sources under the Income Tax Act 1961.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177736 Points)
Replied 15 March 2019
Yes, it will be on account of a service supply under GST and chargeable to GST, unless already paid under RCM.
pritesh
(CA Final student)
(7101 Points)
Replied 16 March 2019
CAclubindia
