Turnover In case of section 18 and 22
ZAID OFFICIAL (51 Points)
04 November 2019
Is the Turnover includes the supply made by Agent on behalf of principal???
2 Replies
Surjeet Negi
(947 Points)
Replied 05 November 2019
If the agent is doing independent business, i.e. raising invoices of his own , than the turnover will not be added in the principal turnover.
if the agent is working on behalf of principal and the business is in the nature of consignment , then it is the turnover of principal.
if the agent is working on behalf of principal and the business is in the nature of consignment , then it is the turnover of principal.
Pankaj Rawat
(GST Practitioner)
(55052 Points)
Replied 05 November 2019
Yes .... when the Agent issuing Tax Invoice on the behalf of Principal (using GSTN of principal to raise Bill)
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