Hi,
Yes, your commission is liable under GST.
Hello, I am international commodity broker and working for merchant exports. In this business, goods are not getting entered in Indian tax territory. The Indian businessman / merchant trader buys goods from Europe and Supply to Australia. The billing is Europe-India-Australia. I am getting paid as % commission by Indian trader. Following link shows ruling for non applicability of GST on merchant exporter. https://taxguru.in/goods-and-service-tax/gst-not-payable-on-merchant-trade-transaction-aar.html My question is, Is my commission liable under GST, though goods have not touched Indian tax territory? Regards, Himanshu Gajjar Surat +[deleted]
Hi Himanshu,
Hope you are doing well !!
Yes, you will be liable to pay GST@18% on commission income.
Thanks & Regards,
Payal Chhajed
Hi,
- The article you shared talks about taxability of high sea sales. You are acting as an intermediary as per the definition of GST. Determination of liability of GST depends on the place of supply and in your case, place of supply is the location of your place of business which is in India. You will be liable to pay GST @18% on your commission income irrespective goods are not touching Indian territory.
Thanks