Please help commission agent gst registration?
Ankush (Student) (1369 Points)
13 July 2021
is the same mandatory irrespective of turnover?
7 Replies
prasad Nilugal
(3914 Points)
Replied 13 July 2021
As per section 24(vii) of the CGST act 2017 , person who make taxable supply on behalf of taxable person , registration is Compulsory .
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 13 July 2021
There are two type of Agent who earn commission on their services.
The Agent who are supplying goods on behalf of Principal to third person are liable to obtain mandatory Registration in term of Section 24 of CGST Act.
The agent who are facilitating the supply of goods or services between principal & third person & thus rendering services to principal & receiving consideration in form of Commission can enjoy the threshold limit prescribed in section 22 of CGST ( 20 lacs for services & 40 Lacs for Goods) Act .to obtain Registration.
The Agent who are supplying goods on behalf of Principal to third person are liable to obtain mandatory Registration in term of Section 24 of CGST Act.
The agent who are facilitating the supply of goods or services between principal & third person & thus rendering services to principal & receiving consideration in form of Commission can enjoy the threshold limit prescribed in section 22 of CGST ( 20 lacs for services & 40 Lacs for Goods) Act .to obtain Registration.
CA Altamush Zafar
(GST Consultant)
(15971 Points)
Replied 14 July 2021
Registration mandatory if the goods or services actually move through the agent.
Otherwise benefit of threshold available.
Otherwise benefit of threshold available.
Balamurali Unnithan MS
(STUDENT)
(1631 Points)
Replied 14 July 2021
Check the activity & the turnover
Registration based the same.
Registration based the same.
Imthias ahamed Kormath
(910 Points)
Replied 14 July 2021
Please see Sections
2(5)
22(1),(2)
22(4) explanation (1)
24(1), subsection (i),(vii).
2(5)
22(1),(2)
22(4) explanation (1)
24(1), subsection (i),(vii).
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