Hsn code - services for marketing in india for foreign companies

Dear All,

I am representing some Foreign companies for Marketing their product in India & SAARC region. Kindly advise:

  1. Has a GST INVOICE for entire commission  to be raised on finalisation of the buyer's PO and ADVANCE payment ? or ONLY on the ADVANCE payment ? The terms of my contract with my principals - foreign is that I can invoice based on payment schedule.
  2. What will be the GST chargeable - % ?
  3. What is the type of GST - CGST + SGST or IGST
  4. What will be the HSN code - for "commission on sales"
  5. For sales done in SAARC nations other than India what would the billing method to be used ? 

Thanking you all in the assistance that I await from you.

Regards,

Ashok Dias

Replies (1)

Hi Ashok,

please refer this....

https://www.caclubindia.com/forum/registration-of-commission-agent-supplying-service-to-foreign-principal-in-non-taxable-territory--481432.asp?offset=1

If that doesn't apply to your situation, reply back and I shall try to answer the specifics.

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