Gst on commission income

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Dear 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.

 

Replies (2)

Yes, it will be on account of a service supply under GST and chargeable to GST, unless already paid under RCM.

Yes..every commission agent is required to register under gst irrespective of turnover limit


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