Regarding chit broker commission gst
sivaji baratam (2 Points)
08 March 2025
to avail input chit broker commission gst is avail or not for the f.y 21-22
1 Replies
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(6710 Points)
Replied 09 March 2025
1. *Business Purpose*: The commission must be incurred for business purposes.
2. *Tax Invoice*: A valid tax invoice is required to claim ITC.
1. *GST Rate*: The GST rate applicable to commission agents and brokers is generally 18%.¹
Recent Topics
- Huf property transfer
- Rent Paid By company but GSTR 3 B Return Reverse C
- F&O Loss carry forward and set off under the n
- SOLAR PLANT POWER
- Regarding chit broker commission gst
- Gst on security service provided by a pvt ltd co.
- First Year Audit of Pvt Ltd Company
- FD of My Deceased Grandfather have my name in nomi
- Investment in the name of minor
- Educational institute - Collection as " Other
Related Threads
CAclubindia
