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TMI BlogGST ON COMMISSION INCOMEX X X X Extracts X X X X X X X X Extracts X X X X ..... I AM REGISTERED PERSON UNDER GST AND MY ANNUAL TURNOVER IS MORE THAN 20 LAKH. IN MAR 2018 I HAVE RECEIVED COMMISSION ON SALE OF GOODS OF OTHER REGISTERED PERSON. IS GST APPLICABLE ON COMMISSION INC ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... OME ? IS IT MANDATORY FOR ME TO ISSUE INVOICE ? IS I AM LIABLE TO PAY INTEREST/PENALTY ON THAT COMMISSION IN PRESENT GST RETURN ? - Reply By SHIVKUMAR SHARMA - The Reply = Yes,GST Is applicable on ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... sales Commission Income. Yes It is mandatory for you to issue invoice. Yes, If you have to pay Interest penalty for Delay Payment Non submission of Returns. - Reply By KASTURI SETHI - The Re ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ply = Rightly advised by Sh.Shivkumar Sharma, an expert. - Reply By Ganeshan Kalyani - The Reply = GST is applicable on the commission income. Interest is payable on late payment of GST and late f ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ee is payable on delay filing of return. - Reply By DR.MARIAPPAN GOVINDARAJAN - The Reply = I also endorse the views of Sri Sivakumar Sharma. - Reply By YAGAY andSUN - The Reply = We endorse the v ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... iews of our experts. - GST ON COMMISSION INCOME - Query Started By: - Deepak Gupta Dated:- 31-7-2018 Goods and Services Tax - GST - Got 5 Replies - GST - Discussion Forum - Knowledge Sharing, reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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