In textile sector....is commission agent/broker/dalal needs to get registered under GST even though his commission receipts are less dn 20 lakhs?.....
In textile sector....is commission agent/broker/dalal needs to get registered under GST even though his commission receipts are less dn 20 lakhs?.....
NO need for registration if commission amount is less then 20lac in FY
An agent who supplies goods on behalf of its principal is required to get himself registered as per clause (vii) of section 24(2) i.e. he is compulsarily required to register himself irrespective of the turnover.
IF RECEIPT IS MORE THAN 20 L THAN COMPULSORY
if its commission is more than 20 lac than they will be require to register under GST
if its commission is more than 20 lac than they will be require to register under GST
CAclubindia
