Compulsory registration for commission agents clarified: required only when principal is taxable and supplies are taxable. Mandatory registration of a commission agent under clause (vii) of section 24 arises only when both the principal is a taxable person and the supplies made by the agent are taxable. Commission agents acting for agriculturists who are not taxable persons are not subject to compulsory registration under clause (vii). Separately, commission agents who are liable to pay tax under the reverse charge mechanism remain required to register compulsorily under the provision applicable to reverse charge liability.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Compulsory registration for commission agents clarified: required only when principal is taxable and supplies are taxable.
Mandatory registration of a commission agent under clause (vii) of section 24 arises only when both the principal is a taxable person and the supplies made by the agent are taxable. Commission agents acting for agriculturists who are not taxable persons are not subject to compulsory registration under clause (vii). Separately, commission agents who are liable to pay tax under the reverse charge mechanism remain required to register compulsorily under the provision applicable to reverse charge liability.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
