gst on agent of credit cooperative society, Goods and Services Tax - GST

[pawan kumar]

if pathpedhi (Credit Co operative Society) paid commission to their agent. in this case can credit cooperative society paid agent gst on RCM basis on commission amount . or agent have to take gst registration.

Agent means who collect money from client and deposit it into client account in credit co operative society. for this service society paid commission to their agent. can society paid gst on Rcm basis on commssion. or agent req to take compulsory gst registration..

commission agent commission will not more then ₹ 1 lakh during the year.

Posts / Replies

[HimansuSekhar Sha]

Agent will pay gst

[KASTURI SETHI]

Agent is entitled to exemption limit of ₹ 20 lakhs (Amount of commission), if no inter-State supply is involved.