top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

What is the GST rate on a commission agent? I am a broker of trucks.

+1 vote
387 views
What is the GST rate on a commission agent? I am a broker of trucks.
posted Mar 27, 2018 by Naveen Kumar

Share this question
Facebook Share Button Twitter Share Button LinkedIn Share Button

1 Answer

0 votes

Commission income is taxable under GST ,

The rate for commission Income under GST is taxed at 18% . Yes you will have to pay GST after reducing the eligible input tax credits. For within the state supply you will be charging CGST and SGST at 9% each and for supplies to another state you will have to charge IGST @ 18%.

answer Mar 28, 2018 by Chetan Hindu
...