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Need clarification Related to Registration under GST for commission Agent

rushabh (Student CA IPC / IPCC) (24 Points)

12 February 2020

Need clarification Related to Registration under GST for commission Agent wether it is compulsory registration or 20 lakhs Turnover limit applicable.

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2 Replies

Roshni (Studwnt) (1141 Points)
Replied 12 February 2020

Limit applies

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Dayal (Gen. Manager - Indirect Taxation) (3434 Points)
Replied 12 February 2020

As per sec 24 you will be required to seek compulsory registration if you are availiing the notified services related to RCM under sec 9(3) then irrespective of threshold limit registration would be required.

you become person liable to pay under RCM

Also if you are making any interstate supply then again you get covered under sec 25 , assuming that you are not availing any services liable under RCM

Exemption is for 20 Lacs if you do not have any of the above business transactions as per sec 22