GST ON BROKER

[pawan agrawal]

SIR

Broker residing at mumbai and giving service to party at delhi. He is not taking any delivery of goods only he is received brokerage when seller party send goods to delhi. He received brokerage from delhi partyt.

so whether agent is req to take registration for his brokerage service although he is not taken any supply of goods from his place.His brokerage is less then 20 lakh.

if not can delhi party paid brokerage Under RCM because broker is is situated at out state so he have to pade IGST Under RCM

agent is req to compulsory registration when he supply of goods.

[KASTURI SETHI]

Brokerage or commission is related to supply of goods directly or indirectly. It being inter-State sale registration is required. No threshold exemption is admissible because of inter-State sale involved.If this commission is not on account of supply of goods, then it is on what account ?

[Himansu Sekhar]

Interstate supply of service,regn reqd.

[Himansu Sekhar]

You will pay igst

AI Summary

Interstate supply of services requires GST registration and attracts IGST for cross state brokerage services.
Brokerage for facilitating an inter state sale of goods is an inter State supply of services requiring GST registration irrespective of local turnover thresholds, and IGST is payable on such brokerage.